Senior Director of Food Analytics Lab at Dalhousie University Sylvain Charlebois discusses the impact inflation has on food prices.
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Still 4.5 months of inflation…!
I’ll believe it when I see it!
Food inflation is temporary, but the Carbon tax isn’t
As government continues to increase carbon tax and fertilizer pricing tactics it won’t be flattening anytime soon.
O don’t care, I get a healthy carbon tax rebate, like almost every Canadian does.
@Groggy thays the attitude, almighty goverment gives you 1100.00 year in carbon rebate, as it costs you 5k+ extra per year.
i bet you believe budgets balance themselves.
TOOL
12% ??? Try 50% on most grocery items… who else leaves the grocery store crying?
@Healthy Happy Hippies Well, I actually track expenses monthly and look back at how much I’ve spent on groceries year to date for the last several years. So I’m working with actual data. You?
Where are you shopping, here in Calgary maybe 10% for some items, bananas, Kale, spinach, mix berries, cheese are all the same, milk, eggs, bread went up a bit.
I mean LibDP”
When Justin Trudeau not prime minister
This is a world wide inflation.
@GO OlSEN and?????
@GO OlSEN Yes, because nearly every government foolishly inflated its currency supply over the last two years.
u shud see trader joes and organic foods. 18$ a for cerel
Remember a few months ago when “they” said we’d see a 25 point interest hike. Or when Fräulein Landfree said we would see deflation.
Inflation will hit double digits before year’s end.
Riiight, but definitely not the prices!
😆 🤣 😂 when have they been right?
Wouldn’t hold my breath 🙄
When minimum wage increases the food prices increased too by 10 times or more ,so don’t be happy when you make $15 in hour
The rate will go down, but prices will remain high. There is no going back.
Of course. Currency inflation devalues the currency.
These grocery stores will be to used to the current revenues that they will likely capitalize on the increased profits, if in fact their costs go down.
Once again, someone is blaming the wrong party.
Price increases are not the cause of inflation; it’s the SYMPTOM of inflation
The CAUSE of inflation is the federal government inflating the currency supply. So, if you don’t like the rising prices caused by inflation, go scream at your elected MP.
Hahaha “expected to drop”. 🤣. I would like to see any grocery store drop prices after they’ve increased it.
He is not saying that food prices will come down, just the rate of increase.
Expected? Not til it’s in the palm of my hand! Don’t jive me turkey.
Sure, when mortgage costs and bank profits eat up 90% of household income, there’s no more money to drive up the cost of anything else. Thanks Trudeau. 👏👏
Get what you vote for Justinflation
Remember the liberals also said inflation was temporary and the budget will balance itself.
Oh hey look everyone … An “expert” they are ALWAYS right 🤡