Food processors and retailers are good at “leaving the impression that somehow these much higher food prices are somehow directly related to the farmgate prices,” said Stewart Wells, vice-president of operations for the National Farmers Union.
Tag Archives inflation — page 3
Personal finances growing unstable
Recent report says 45 percent of adults in Man. and Sask. are $200 away from being unable to meet financial obligations
The inability of consumers to cover regular bills, buy groceries and service existing debt obligations has become more common in an environment of higher interest rates and inflationary pressure.
Food inflation alarm sounded
Canadians are about to take another gut punch from food price inflation, finds Canada’s Food Price Report. That’s pushing prices beyond mere annoyance into fear for many Canadians. “In 2022, food insecurity will be a big issue as Canadians grapple with rising prices,” says the four-university report, overseen by Dalhousie University’s Sylvain Charlebois. “Food programs […] Read more
Food inflation expected to increase societal stress levels
There’s a big “I” word in your future: inflation. After decades in abeyance, the word inflation, as used to describe a problem, is everywhere. It got much national attention when Canada’s Food Price Report was released Dec. 9. It usually draws interest, but it’s predicted that the big jump in 2021 domestic food prices will […] Read more
Inflation battle requires more context rather than panic
With Americans fixated on the cost of their Thanksgiving suppers and the release of the latest inflation reports, news services last week were full of headlines about rising food costs. It provided a juicy tomato for opposition politicians to throw at governments, allowing them to allege that the elites don’t care about the struggles of […] Read more
