Data is a big part of our lives. It is built into the cell phone plan we pay for every month, our credit score and every part of every supply chain that brings us the things we use and consume. It can be used to spot patterns, optimize operations, save money and create better end […] Read more
Tag Archives inflation — page 3
Opinion: The dark side of data sharing
Canadian food inflation to slow through 2024, report says
More certainty has brought an uptick in grocer promotions, but consumers are struggling
Canadian food prices are expected to rise between 2.5 and 4.5 per cent in 2024, according to a new report.
“It is probable that Canadians will continue to experience the strain of food inflation compounded by increasing costs of housing, energy and various other expenditures,” according to Canada’s Food Price Report 2024.
Editorial: Concern over grocery prices no joke
The issue of soaring grocery prices was the subject of a hilarious skit on the Canadian comedy television show This Hour has 22 Minutes earlier this month. In the skit, a woman is seen going up to a cash register at a grocery store with a basketful of ingredients for a charcuterie board, which she […] Read more
Canadians trust farmers despite high food costs — for now
How farmers have maintained, and could risk, public trust
Rising food prices have been drawing the ire of the Canadian public, but the bulk of that frustration and anger is not directed at farmers. Not yet, at least. Food retailers are viewed unfavourably, but farmers remain one of the most trusted demographics in the food system. That trust is at risk. Why it matters: […] Read more
Opinion: If we can’t afford groceries, why are sugary drinks booming?
Glacier FarmMedia – I go to Tim Hortons about three times a week, mostly for coffee and an egg sandwich and sometimes an Old Fashioned plain doughnut. I’m not alone in this habit. About 5.3 million Canadians visit a Tim’s every day, using stats from the Tim Hortons website. I prefer coffee, but a sizable […] Read more
Farmgate milk price hike delayed to May
Stakeholders say increase should be postponed amid food inflation concerns
The farmgate price of milk will go up May 1, 2024, rather than Feb. 1, after a review of the national pricing formula and consultation with stakeholders. The increase will be 1.77 per cent, or about 1.5 cents per litre for milk going into processing plants, the Canadian Dairy Commission said Wednesday. The commission had […] Read more
Comment: How the food subsidy system is failing northern Canada
Grocery retailers are benefiting from food subsidies and that’s a problem
Soaring food prices, growing profit margins and record-high profits in the food industry have severely impacted the lives of many Canadians. According to Innovation, Science and Industry Minister François-Philippe Champagne, Canada’s largest grocery chains recently agreed to work with the federal government to stabilize prices. But for Canadians living in remote northern communities, food affordability […] Read more
Editorial: Food and politics don’t mix
I admit that I snickered a little at the prime ministers’ ultimatum to Canadian grocers last month, demanding they find a way to stabilize grocery prices. Faced with consumer backlash over the rising cost of food, it’s no surprise that politicians feel pressured to do something. But the prime minister’s demand shows us that politicians […] Read more
Anxiety over cost of food on the rise: CCFI
Food companies increasingly blamed for prices; farmers seen as highly trustworthy
When asked which life issues they were most concerned about, 54 per cent flagged the cost of food as a top concern—up from 51 per cent last year, the report said.
Major grocery chains agree to help stabilize prices, feds say
Any moves must not undercut farmgate prices, government warns
Ottawa | Reuters — Canada’s five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks to address an issue that is hurting the ruling Liberals. Innovation Minister Francois-Philippe Champagne made the announcement after two hours of what he said were […] Read more
Cyber-Savvy Farmer
