Food Prices
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Walmart says lower-income shoppers are ‘navigating financial stress’Walmart says lower-income shoppers appear to be increasingly 'navigating financial stress' as the so-called 'K' shaped economy becomes more prominent.ConsumerMay 21
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Severe global food price crisis is looming within 6 to 12 months, UN body saysThe warning was made in a podcast hosted by the FAO that focused on the current chokehold on global energy and how fertilizer supplies are expanding through agrifood systems.WorldMay 20
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McDonald’s says ‘pressures’ straining customers — and it could get worseThe world's biggest burger chain posted U.S. same‑store sales growth of 3.9 per cent in the first quarter, missing analyst expectations of a 4.2 per cent increase.ConsumerMay 7
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Iran war could push world into a food ‘catastrophe,’ UN agency warnsIf the U.S.-led war in Iran continues, the protracted conflict 'could trigger a cascade of effects similar to the aftermath of the COVID-19 pandemic crisis,' according to the FAO.EconomyApr 21
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Fresh vegetable prices just saw highest spike in almost 3 yearsCucumbers, peppers and celery all saw price growth in March, 'due in part to tighter supplies related to adverse growing conditions in producing countries,' Statistics Canada said.ConsumerApr 20
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Soaring diesel prices ‘going to be very expensive’ for Canadian farmersWith diesel and fertilizer prices surging, Canadian farmers are bracing for much higher costs than anticipated this growing season.EconomyApr 7
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Iran war could increase grocery costs in B.C.; fuel prices remain highAs the U.S.-Israel war on Iran continues, consumers should brace higher grocery costs. One expert says the hardest hit items are expected to include meat, dairy and seafood.EconomyMar 23
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Gas, food and travel: How the war in Iran is driving up costs in B.C."There's a lot of pressure on energy costs, obviously, diesel, gas prices, and the food supply chain is a very energy-intensive sector," Dr. Sylvain Charlebois said.EconomyMar 16
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Inflation cooled to 2.3% in January but food prices up again: StatCanThe annual rate of consumer inflation in Canada cooled slightly in January, according to the latest data, while prices continue to rise for food and other essentials.EconomyFeb 17
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Can rebates or price freezes help tackle soaring food costs?The federal and Manitoba provincial governments are taking separate and very different approaches to provide some relief for consumers struggling with food affordability.ConsumerJan 27
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