32 per cent of Canadians blame grocery stores for rising food prices, more than any other reason: Nanos
32 per cent of Canadians blame grocery stores for rising food prices, more than any other reason: Nanos
Who else is to blame ? They set the prices and are making record profits.
Greedlation is real. They go over how a leading economist explains this is solely seller created inflation, and the claim of citizen covid stimulus cheques causing inflation is bogus. And how they all used COVID as cover for price hikes. https://www.iheart.com/podcast/105-stuff-you-should-know-26940277/
I think the reason I blame them is because it's their fault, but I'm not Canadian, so I don't count.
My partner works at a Sobeys doing file maintenance and she does all the price and label changes. She regularly shows me pictures of shrinkflation and price gouging. Some things doubled in price overnight.
It's crazy and she says it's a little bit depressing. And unlike a normal shopper, she's aware of all the deals as well, so that's nice for us.
I’m not Canadian, so I don’t count
If you care about what happens in Canada, that counts for something.
This truly sounds pathetic. Although it clearly displays the real power hierarchy.
In February, the House of Commons' committee that studies food prices urged Loblaw and Walmart to sign on to the grocery code of conduct, or risk having it made law. Both organizations have said they will not sign the code as currently drafted, saying it could raise prices for Canadians.
I suppose oil, though changing to renewables would more than definitely, believe it or not, raise prices as well.
Higher prices means higher tax revenue, more tax at the register and more tax when you work overtime to pay for your groceries.
There is NO incentive for any level of government to reduce grocery prices, or any prices.
Many food actually tend to be exempt from tax
https://accplus.ca/knowledge-base/personal-tax/tax-in-canada-things-that-are-not-taxed/
I'm surprised and disappointed the percentage isn't higher than that, but these polls tend to have skewed sample groups anyway.
I'm more impressed the numbers are this low.
Just to point out in respective of at least "Loblaw" they own a lot more than just grocery stores and just using the profit margin is not a absolute indicator of how profitable they truly are.
Loblaw Companies>George Weston Limited>Wittington Investments, Limited
Report regarding grocery inflation.
We know very little of what is going on in food processing, transportation, and at other companies who participate in the food industry. A proper investigation led by the Competition Bureau of Canada would shed some light on practices in the industry.
With the level of vertical integration Loblaw has, they could easily be playing a shell game with the various stages the food goes through and just bleeding all the money out.
This is why passing school lunches for school children will help as it will be the provinces negotiating the prices.
More likely the (conservative) provinces will just give a sweet single-source contract to Aramark or Sodexo in exchange for either a kickback for their own businesses, and/or a post-career board of director appointment.
Sounds like a great market situation for Aldi or Lidl to expand into!
Lidl has the most expensive vegetables in my area
32% of people are dumb as shit.
This tracks with my personal experiences.
One company owns a vast amount of all grocery stores in Canada.
https://en.m.wikipedia.org/wiki/George_Weston_Limited
So sure, it may not be the "grocery stores" individually, it's sure as shit on their holding company.
#FuckGalenWeston
~50% of grocery inflation can be attributed to increase profits, and grocery chains profits are larger than ever: https://www.cbc.ca/news/business/grocery-price-analysis-1.6774669
If only 32% of people are blaming grocery stores, 68% need to rethink their stance.