Grocery prices to see 'significant' jump in February: report
Lately, if you’ve been lucky, grocery stores near you have been serving up some tasty deals.
At a No Frills near me not long ago, for instance, All Dressed Crispers were on sale for $1 a bag, which may or may not have turned me into a mix of Charlie Sheen, the Tasmanian Devil and an Egyptian protestor after having his Internet cut off.
And apparently, I haven’t just been seeing things. According to the Star, Canadian groceries have been very competitively-priced in the first weeks of 2011. Of course, the paper also reports a big Eff You is coming soon to your local supermarket.
Indeed, in spite of some fair deals this January, tomorrow is February and perhaps the dawn of a new Canadian grocery era. Eric La Flèche, president and CEO of Ontario/Quebec supermarket chain Metro Inc., tells the Star food prices are set to take off across Canada next month.
“In certain categories we’re expecting some pretty significant increases,” he said. Pasta and bread, specifically, may go up, by La Flèche’s estimate. Potash Corp. boss Bill Doyle seems to back up the CEO's projections.
Why are retail prices spiking, you ask? Food costs themselves are shooting up, the Star reports. Grains, oilseeds and sugar, to name a few, are all at peak levels not seen since 2008, according to the Food and Agriculture Organization of the United Nations.
Because of that, the cost of a basket of food basics jumped 25 per cent in December, and retailers are set to pass those higher product costs onto consumers soon.
At your grocer, have prices started to jump from earlier in the year? If so, by how much?
By Jason Buckland, MSN Money
Posted by: Walmartfreak | Jan 31, 2022 1:51:16 PM
If your worried about food prices just shop only at Walmart. And the greatest thing of all is that they will price match anything as long as you bring in the flyer with you. This way you will save on food and gas because you don't need to drive already to different stores to get the deals.
WALMART WALMART WALMART!!!
Posted by: IamWhateverYouThinkIam | Jan 31, 2022 1:57:25 PM
"100 healthy sled dogs killed due to slow business." This just happened up at Whistler, BC. Why does it take a genius to figure out that this economy CANNOT be blamed on WELFARE recipients or by some rotting apples in the crisper of someone's fridge?
http://ca.news.yahoo.com/100-healthy-sled-dogs-slaughtered-tour-business-slows-20110131-055510-866.html
Posted by: Wendy | Jan 31, 2022 1:59:29 PM
Randy is right in saying single person welfare is 550.00 per month in the province of BC. This amount is for food and housing. Average rent in nowhere land in BC is running around $650.00 per month plus utilities. The idea is that you get 3 or 4 ppl together and rent one place and pool the rest of the money for food, and you will make out fine. This coming from the mouth of a social worker when applying for assistance for a mentally ill son. Maybe should have moved him to Ontario. GROCERIES on the rise in BC due to crop failures, gas pricing, HST on everything and carbon tax on gas; now at .06 a litre and going up again July 1; and plain greed by those that control the money machine in the Global Economy.
Posted by: Dandan | Jan 31, 2022 2:01:31 PM
Guys, calm down. We are not discussing the welfare issue here for now.Our main concern is Food prices going up high as everything like gas-hydro...etc..but our main concern now is grocery. We have to find a solution for this ASAP. Who doesn't spend at least a 100$ dollar for each visit to loblaws and metro ? that's not mentioning the quality of fresh products ( supposedly fresh but rather named disgusting)..any plans to stop this massive increase in prices?
Posted by: KNOCK KNOCK, WHO'S THERE, REALITY | Jan 31, 2022 2:05:31 PM
Wow. All this from a simple article that predicts the price of groceries will increase ; you all have far too much time on your hands. One person's talking about how the end of the world is near, and another one is talking about raising rabbits and using a wood stove to cut costs. I really don't mean to sound harsh, but this should not come as a surprise. Prices generally increase over time. Talk about being overly dramatic.
If you are all really that concerned, and if the increase in price is going to be too much to handle on your limited budget, then why don't you step away from your computer and do something productive, which could perhaps earn you additional income?
Just my $0.02...
Posted by: John Marshall | Jan 31, 2022 2:11:31 PM
I agree with the farmers on why the food prices are gonna take off, but I can understand the manufactures with the increases to hydro, gas etc .
DianeA. In SouthWestern Ontario a single person gets $525.00 basic housing and shelter a dental/optical card only good for emerg, and perscription card ( thats $2.00 per script).
"One person gets 888.63$ monthly for food and shelter, with a med card to get most of their prescriptions paid.. As for the person who accuses welfare people who have it all INSIDE; Those are exceptions, don't generalize and judge to easily. I'm sure you haven't been there, or you could be realistic, and, look upon yourself. Takes one to know one. What say you know?" Where in Canada could you be making 888.63 on Welfare for a single person?.
I should know because I am on Social Assistance aka Ontario Works I get $610.00 a month thats with 1 dependant over 18. With no special help on hydro. Also not everyone has a drug addiction or is an alcoholic as Mike put it and as for Steph I am sorry but it helps if you get your facts in proper order.
Now lets not forget to mention in 2007 Canada got classified by The United Nations as a 3rd world country because we have more homeless than the USA Europe even Africa. Doesn't this make you feel proud of those knobs in Parliment that represent us when they actually don't have a say in anything without OUR approval which so many have forgotten over the years because they have become sheeple being lead to slaughter. The so called Government controls the prices and they just want to line thier pockets with more Canadian money so they only have to pretend to work for 3 months out of the year. Remember they did give themselves a bonus of 300 thousand dollars for 5 yr workers 500k for 10 yrs members.
Posted by: gregg | Jan 31, 2022 2:12:40 PM
Typical, for the past two years Ive seen my grocery bill go from $150.00 a week to $325.00 a week and Im not a heavy eater. I thought with our stronger dollar things would be less. Its these damn fuel surcharges that trucking companies are charging. I would deam them illegal. They should all adjust their rates accordingly. I heard from a company that i worked at is that its a cash grab, so naturally this added charge trickles down to the consumer again. All in all we are being hosed in every aspect right down to our housing. Everything is out of control due to greed. You cant even get a 400 sq foot apartment in Vancouver for less than 1200.00 a month ...Gas at a 1.24 a litre etc and we are being taxed to death locally provincially and federally. Its time Canadians didnt sit back and say anything. Its time we did something, drop the remote from your hand get of the sofa and lets have a national strike. Nobody goes to work, this will cripple every city and province canada wide. We have to be active if we want change. I say start boycotting certain grocery chains like Loblaws first, then Save-On foods and then Safeway period. Same with these gas stations, dont feel sorry for the vendors, they jack it up as soon as they can, they are just as greedy, put less gas in your car, do not fill your cars people, fuel is a supply and demand thing, also stop buying at Walmart. Everything from there is built in China, now they are driving the price of oil up due to all the manufacturing they are doing. I cant understand why we are paying more from oil when it comes from here, but you can blame that on the Trudeau old government and the Liberals post Trudeau.
In this next election whoever has the balls to say they are going to roll back oil prices will be the man I vote for. Thesxe are Canadas resources if anything we should be paying $.50 a litre period. We only have 38 million people, its not like our resources are going to dry up anytime soon.
We have to punish greed and hit them right in the nuts... Cut off Arnold in California who is sucking up all our power, and our Liberals had the balls to put on radio stations that we need to conserve, why so we can sell it to Arnold???We need change now!!throw all local provincial governments out of office. If Harper doesnt lower oil he needs to go to. All these increases in food right down to clothing, all due to oil prices, an american greedy investors who drive the price up due to their own greed and speculation. Like I said its time Canada, stand up and get involved.
Posted by: Dandan | Jan 31, 2022 2:14:53 PM
Thanks Knock Knock ..this is one way to fight back price increasing...we have to take into consideration that some ppl work long hours and can't add more hours ..the real problem is with prices going up ,one would need more than 2 or 3 jobs to work it out and still the price will go on and on..
Posted by: Dandan | Jan 31, 2022 2:18:37 PM
gregg , thumbs up !!!
Posted by: Venus Project | Jan 31, 2022 2:25:21 PM
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Posted by: gregg | Jan 31, 2022 2:28:47 PM
effen greed people. Corrupt governments, corrupt wallstreet, etc etc etc. We cannot go on like this. We Canada are a self sufficient nation. Lets look after our people, quit gouging us, from gas right down to housing. Taxed to death!!!!so when people say Liberal, I say Fiberal???At least Harper is lowering taxes, he still needs to do more but cannot when you have the Fiberal whining in the background.
all of this is corporate greed. We sit back and allow it.
I say strike , if everyone striked , didnt go to work, cripple the economy for a few days hmmmm
demand that oil goes back down slash the taxes off and deam fuel surcharges illegal. These fuel surcharges are astronomical. 12-15% please these companies should be adjusting their rates not passing this onto the consumers, we already are getting hosed at the pump.. I know for a fact companies are sitting back and laughing, these fuel surcharges are a cash grab. OIL AGAIN IS THE REASON, WHY DIDNT THEY LEARN TWO YEARS AGO, THIS ENTIRE WORLD JUST ABOUT WENT INTO THE WORST DEPRESSION EVER!!!!DID THE OIL COMPANIES LEARN??SAUDI ARABIA WANTS TO INCREASE PRODUCTION, THIS NEWS SHOULD HAVE SENT THE PRICE DOWN BUT IT WENT UP..OUR HIGH DOLLAR SHOULD HAVE BROUGHT THE PRICE DOWN, NOPE THE PRICE WENT UP...EFFEN GREED PEOPLE EFFEN GREED..STRIKE STRIKE STRIKE. HIT THE GOVERNMENT IN THE NUTS GOOD AND HARD!!!!MAYBE THEN THEY WILL LISTEN TO THE PEOPLE THAT PUT THEM IN THERE. THE ONLY LEADER I HEAR TRYING TO GET RELIEF FOR FAMILIES IS LAYTON.
Posted by: night_caper | Jan 31, 2022 2:35:55 PM
Some of you can babble all you want, about people being selfish, and end time prophecy, but you know what, that's your opinion, and not necessarilty fact. Indeed, this may all be happening, but I truly liked the analysis posted by Albertan, true to the mark. The real issue is that coporations are no longer taking fair profit, they are taking maximum profit in order to benefit the elite.
Posted by: KNOCK KNOCK, WHO'S THERE, REALITY | Jan 31, 2022 2:36:58 PM
Gregg - Can I suggest an entry level course in economics? We are not a self-sufficient nation, and from a Ricardian perspective gains certainly can be obtained from international trade. I suspect this is the only place people will listen to your incomprehensible rants...
Posted by: KNOCK KNOCK, WHO'S THERE, REALITY | Jan 31, 2022 2:38:43 PM
Night_Caper...the elite, or perhaps shareholders...no need to play the class-card.
Posted by: gregg | Jan 31, 2022 3:40:59 PM
knock knock, i dont need to take a coarse in economics. Im an economics major fool. And yes we are self sufficient. We have natural resources, farming, water, all the elements, and it doesnt take an economics degree for that. Ive seen since I was a kid how Liberal government policies have ruined this country and comes that higher taxes and debt. And my comment wasnt an incomprehensible rant, its just the way you can grab peoples attention instead of sitting back and doing nothing about it. Look at housing, average houses in Vancouver have gone up each year between 15000.00 and 30000.00 so how on earth are wages going to increase to compensate that? I assume you dont live out here so how could you comprehend better yet why dont you live out here in Vancouver for 6 months, you will need an economics degree just to make ends meet let alone collecting coupons. And you cant hide greed!!! simple as that..
Posted by: gregg | Jan 31, 2022 3:49:07 PM
oh knock knock, take a look at MSN news about oil hitting $100.00 a barrel brent crude. all because of hmmmmspeculation of disruption. Do you put Egyptian oil in your car???
Again greed greed greed!!!Hyped up speculation by those greedy little American Investors..and it doesnt take economics to see that..have a good day knock knock, and remember dont put that egyptian refined oil in your car it may run funny..
Posted by: KNOCK KNOCK, WHO'S THERE, REALITY | Jan 31, 2022 3:52:10 PM
Gregg - For an economics major, you really have a poor understanding of how an economy actually functions. It frustrates me when people go on and on and on about something they have no idea about. Really, when you put these illogical ideas out there you're simply polluting what could otherwise be a somewhat intelligent forum...That combined with your continual rhetoric of how evil the Liberals are...
I'm willing to bet you're a closet liberal....come on, admit it.
Posted by: lux et adytum | Jan 31, 2022 4:14:12 PM
jesus was jewish and his bloodline was that of the semetic hyksos eygpt / his mother isis mystery godess of eygpt sent him away where he re emerged and tryed to take rome back for his people the throne you worship the same pantheon that controls our world today.
Posted by: Venus Project | Jan 31, 2022 4:32:39 PM
Zeitgeist: Moving Forward - http://www.youtube.com/watch?v=4Z9WVZddH9w
www.zeitgeistmovie.com
gregg -- it's greed, yes, in part, and sizable, but not entirely.
night_caper, it's the elite.
knock knock, I appeal to you to open your eyes. We are not a self-sufficient nation, I agree, but we are CAN be a self-sustaining planet but only if we change society values.
gregg -- with all due respect, it is fictitious debt created by a fractional reserve banking system governed by the laws passed by the elite and the politicians over a century ago, whereby compounded interest has caused inflation. There is only ever enough money "created" to pay back principle, never interest.
1% of the world owns 40% of the wealth. 50% owns 1%.
If you have food in your fridge, clothes on your back, a roof over your head, and a place to sleep, you are richer than 75% of the world.
If you have money in the bank, in your wallet, and some spare change, you are among the top 8% of the world's wealthy.
The vast majority live on less than $2/day.
If you woke up this morning with more health than illness, you are more blessed than the million people who will not survive this week.
If you have never experienced the danger of battle, the agony of imprisonment or torture by corrupt governments (and they all are), or the horrible pangs of starvation, you are luckier than 500 million people alive and suffering.
If you can read this message, you are more fortunate than 3 billion people in the world who cannot read at all.
The world needs a real eye opening. This is the reality that the ruling elite have hidden from you.
knock, knock -- you tell me with a straight face there is no elite class based on the above.
This is all caused by the monetary system.
Countries starve not because there is enough food, they starve because their country cannot afford to pay for the food!
to all -- this has little to do with present day government, they cannot change it, not one is better or worse than the last, since all they have to move forward with is the cumulative mistakes of the past. Democracy doesn't exist. Corporations sponsor governments and it's only the vote of their dollars that matter. Why do you think every government makes promises that never get completely fulfilled. No government, as they are controlled by the "corporatocracy", will ever offer or deliver a solution, for to do so signals their loss of power and control. But it is coming, it is unavoidable as gravity itself. We are at the point where it cannot be stopped. It is economics.
Do not be misled, this is not the end times, but they will be very hard times as the economy collapses beyond the point of recovery. Prepare yourself with knowledge.
All this bickering and arguing gets society no where. Open your mind to the fact that you've been lied to for generations!
Please watch the Zeitgeist: Moving Forward movie and hear the facts (all resources are documented and cited) and then make an informed decision. Decide for yourself.
The current path will only lead to world collapse, the revolutions are already starting.
I don't want a fight with any of you. Divided we fall, united we stand.
Unite against corruption. Put "human" back in "humanity".
Join the Zeitgeist Movement!
http://www.thezeitgeistmovement.com/
http://www.thevenusproject.com/ -- beyond politics, poverty and war
Posted by: Noel | Jan 31, 2022 4:41:11 PM
It's a ploy by Metro to hope that competition will follow when they hike their prices. They are already a front runner in price increases and have a bad name in the market place. Let's hope this trickery don't work.