As Canadian grocery prices rise, where is that profit going if not to Canadian farmers?
Tag Archives groceries
‘Systemic imbalance’ beats farmers out of food price gains
As Canadian grocery prices rise, where is that money going? Agriculture advocates say farmers aren’t the ones benefiting
Food Freedom Day may require a rethink as inflation bites
Glacier FarmMedia – The Canadian Federation of Agriculture recognized its annual Food Freedom Day on Feb. 9, the day the organization says a Canadian household of average income will have earned enough to pay for their entire year’s grocery bill. Surprisingly, it fell on the exact same day it did last year. This was rather […] Read more
Consumer behaviour changes rapidly
Canadian consumers have dramatically changed their grocery-buying patterns in the past year as food prices and housing inflation squeeze their budgets. As a result, demand and product changes in the food supply chain will affect farm commodities. Grocery store sales are down in Canada, even with product value inflation, which means less demand for farm […] Read more
Ottawa, grocery execs discuss food inflation
Critics said a meeting between government and grocery executives Sept. 18 was unlikely to result in lower food prices for Canadian consumers. Prime minister Justin Trudeau called the retail leaders to Ottawa, asking for a plan to combat food inflation and suggested taxes could be imposed if price hikes weren’t dealt with. Speaking Sept. 14, […] Read more
Grocery sector needs competition
The Competition Bureau’s call for increased competition in the Canadian grocery sector is stating the obvious. Canada is home to numerous oligopolies that dominate various industries. For example, five major players in the grocery sector control nearly 80 percent of the food retail market. While some oligopolies function more effectively, their success depends on the […] Read more
