Food Prices
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Inflation cooled to 2.8% in June as gas prices fell, says StatCanConsumers paid less for gas at the pump in June compared to May, and that helped cool annual inflation to 2.8 per cent, according to Statistics Canada.EconomyJul 20
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Why an anchovy shortage will make your next slab of salmon more expensiveLove them or hate them, anchovies could end up making your grocery bill more expensive because of its use in fishmeal used for seafood and livestock feed.ConsumerJul 9
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Downtown Winnipeg grocery store, unit pricing pitched to cut grocery costsNew measures to save money at the grocery store were identified in a new report on grocery prices, with some expected to be brought forth for legislation.EconomyJun 22
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Inflation rose 3.2% as gas, food prices jump — with tomato prices up 45%Higher oil and gasoline prices pushed overall inflation in May to 3.2 per cent compared with a year ago, according to Statistics Canada.EconomyJun 22
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Canada slaps 10% tariff on canned vegetable imports for up to 200 daysThe tariff will not apply to imports from the U.S., Mexico, Israel, Chile, and developing countries 'in accordance with Canada's international trade obligations,' Ottawa said.CanadaJun 19
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Dollarama sales surge over 20% amid ‘weakening’ consumer confidenceThe Montreal-based retail giant also said it may need to change its sales outlook if the Iran war drags on for the long term and results in higher operational costs.ConsumerJun 11
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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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