I’d love to see an article that outlines margins of the major canadian grocery retailers from 2019 – 2025. If their margins remain the same I’ll start to believe the excuses.
Dangerous-Control-21 on
“Preston said that Canada tends to get hit harder than the United States — particularly in the winter months — because less fresh food is grown north of the border. That leaves Canada more vulnerable to import price impacts and currency fluctuations.
Bilyk, in her analysis, also pinned much of the blame for recent food inflation on rising import costs. Foods like coffee and chocolate are facing higher prices globally due to extreme weather and trade tariffs, she said.”
BeShifty on
First person in this comment section to admit climate change is a chief cause (as the article states) wins
Profits Profits Profits, have you seen Loblaws stock price the last year, up 52%, last 5 years up 340%.
gohomebrentyourdrunk on
It’s up YoY because of the GST holiday last year.
myairblaster on
It’s super cool than whenever there is tax relief for things like groceries, Galen Weston Jr just does a Mr Burns style *YOINK* and pockets the difference, keeping peoples grocery bill totals the same as they were before. A reasonable person would’ve hoped that the Liberals, after seeing the exact same thing happen when Trudeau announced a tax break on groceries and it didn’t help anyone other than Presidents Choice would’ve learned the second go around.
Incommunicado_5336 on
Apparently customers are still buying therefore Corps going after the few dollars still left on the table.
We are taxing the crap out of farmers and transport with the pretence of environment so the cost is repasssed. It’s not greed, it’s the cost of the government’s policies. Groceries are outrageous. Costs $60 dollars for 2 ribeye steaks… Who can afford this?
Rubydog2004 on
Galen Weston needed a new castle
Plucky_DuckYa on
The words:
> “Canadians will hold us to account by their experience at grocery store.” – Mark Carney, 2025
Actual experience at grocery store:
> food inflation at more than double overall inflation in 2025 at 5%, so far up 50% over 2025 at 7.5% in 2026
Canadians holding him accountable:
> He gave a great speech at Davos! We love him! We’ll boost him in the polls!
Once again proving that Canadians, and particularly Liberal supporters, don’t care what Liberal governments actually do as long as they mouth nice words.
The only lesson the Tories should draw from this is to lie like fucking hell during platitude and virtue signalling-filled campaigns, because that’s what wins elections. Because apparently nice speeches are all they need to fill their stomachs. Oh, and of course food banks in ever growing, record numbers.
swattwenty on
Galen Weston should be in jail for profit gouging
Unfair-Cabinet-9011 on
Corporate greed.
LaserTagJones on
Blah blah blah tag me when they build the gallows
breadtangle on
I don’t see much evidence here that people are reading the article. It says inflation at the grocery store slowed, and that the main driver in the recent bump was a 12 percent increase in restaurant prices. The article notes a *decrease* in the price of fresh fruit, and it says that prices are up globally. Canada’s price increases are about 1.9% higher than what the US is seeing, with the following explanation:
>Some of the factors affecting grocery store inflation in Canada are global, such as droughts from years’ past leading to smaller cattle herds and tougher growing conditions for coffee beans, Preston noted.
>But even as commodity prices put pressure on grocery shelves across the world, in the United States, food prices rose 2.9 per cent in January.
>Preston said that Canada tends to get hit harder than the United States — particularly in the winter months — because less fresh food is grown north of the border. That leaves Canada more vulnerable to import price impacts and currency fluctuations.
I get that people are upset about grocery prices and Galen is in the Epstein files but can we at least try to read the article?
alphawolf29 on
how is CPI still only like ~2-3%? Absolutely rigged. My prop taxes went up 28% this year. The only thing not skyrocketting in price every year is gasoline. I can’t think of a single other thing that has stayed relatively the same. Electronics maybe.
T-Rexxed-69 on
Im sure gouverment induced inflation and packaging taxes aren’t effecting it all.
donforgathowlon on
Canadian grocery cartels are constantly testing the waters with what they can extort. Politicians on all sides do absolutely nothing but posture… the new rebate is a lackluster bandaid, one that ironically gives more of our tax dollars to those grocers.
At the 2023 grocery summit, we were promised lower prices by thanksgiving. You’d think Loblaws, Metro and Sobeys are giving all our politicians stock at this point.
mamajampam on
Does anyone even read these articles before chiming in? “Corporate greed” is about the only thing not causing it according to those interviewed for the article. The weak Canadian dollar , Canada’s retaliatory tariffs on the US (now removed) and the Liberal government’s tax holiday in early 2025 are all named as contributors to the jump.
shouldehwouldehcould on
surely the voluntary, industry run, good faith, grocery code of conduct that was implemented on january 1st is working.
axelf911 on
Galen weston and friends at it again!
Advanced-Line-5942 on
Australian beef is in the fridge at Superstore for half the price of Canadian beef
KageyK on
2022 : Let them eat cake
2023: Let them eat cupcakes
2024: Let them eat muffins
2025: Let them have a cookie.
This ever changing “basket of goods” shows that we are paying more, for less quality as inflation grows.
Canadians making tough choices at the store, replacing things they really enjoy for things they don’t really like, because they’ve been priced out, will contribute to overall unhappiness with quality of life.
PastaPandaSimon on
I read the headline and imagined this super expensive sausage singlehandedly driving the average grocery price increase. I need a nap.
ShermansWorld on
I wish my stocks would go up 7% every 6 months.
Best I can do is maybe 9% / year (if I average it over 20 years)
DeanPoulter241 on
The Canadian dollar has been in the abysmal 73 cent range for YEARS now! NOT the issue.
While fuel prices have dropped have you seen the price of diesel!? The cornerstone of everything shipped, harvested, planted etc! Naaaw that couldn’t have anything to do with it! And why is diesel so expensive? The carney!
Add to that the cost of potash production! Getting to net zero is virtually unattainable and incredibly expensive. Naaaw that couldn’t have anything to do with it! Why is Canadian potash so expensive? The carney. Plus our export of potash is hampered by these increased costs that do not exist anywhere else!
What about all the steel that goes into facilities, equipment etc? The carney’s net zero policies impact those costs as well which guess what folks? That gets passed along to us at the store!
You wait…. the carney plans to tariff countries we import from that don’t adhere to his zealous net zero objectives. You think prices are high now, wait for him to drop that bombshell. If he doesn’t that will kill our agricultural sector as it now costs more to produce food in Canada than it does virtually everywhere else.
The grift is on….. And you know what is the saddest part? He expects Canadians to make sacrifices while he hides his wealth from taxation using those offshore tax LOOPHOLES he refuses to shut down! There is no hope for anyone that falls for that!
31 Comments
Greed.
Greed is driving the increase.
Galen Weston is mentioned in the Epstein files
I’d love to see an article that outlines margins of the major canadian grocery retailers from 2019 – 2025. If their margins remain the same I’ll start to believe the excuses.
“Preston said that Canada tends to get hit harder than the United States — particularly in the winter months — because less fresh food is grown north of the border. That leaves Canada more vulnerable to import price impacts and currency fluctuations.
Bilyk, in her analysis, also pinned much of the blame for recent food inflation on rising import costs. Foods like coffee and chocolate are facing higher prices globally due to extreme weather and trade tariffs, she said.”
First person in this comment section to admit climate change is a chief cause (as the article states) wins
Thankfully,[ food inflation is actually moderating…](https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1810000601&cubeTimeFrame.startMonth=01&cubeTimeFrame.startYear=2025&cubeTimeFrame.endMonth=01&cubeTimeFrame.endYear=2026&referencePeriods=20250101%2C20260101)
Aug: 196.9
Sept: 198.0
Oct: 198.1
Nov: 199.6
Dec: 200.0
Jan: 200.1
Profits Profits Profits, have you seen Loblaws stock price the last year, up 52%, last 5 years up 340%.
It’s up YoY because of the GST holiday last year.
It’s super cool than whenever there is tax relief for things like groceries, Galen Weston Jr just does a Mr Burns style *YOINK* and pockets the difference, keeping peoples grocery bill totals the same as they were before. A reasonable person would’ve hoped that the Liberals, after seeing the exact same thing happen when Trudeau announced a tax break on groceries and it didn’t help anyone other than Presidents Choice would’ve learned the second go around.
Apparently customers are still buying therefore Corps going after the few dollars still left on the table.
Prepping for that groxery rebate
Here is where the money is going:
[https://ca.finance.yahoo.com/quote/L.TO/](https://ca.finance.yahoo.com/quote/L.TO/)
[https://ca.finance.yahoo.com/quote/WN.TO/](https://ca.finance.yahoo.com/quote/WN.TO/)
Just evidence that we are living with a monopoly
We are taxing the crap out of farmers and transport with the pretence of environment so the cost is repasssed. It’s not greed, it’s the cost of the government’s policies. Groceries are outrageous. Costs $60 dollars for 2 ribeye steaks… Who can afford this?
Galen Weston needed a new castle
The words:
> “Canadians will hold us to account by their experience at grocery store.” – Mark Carney, 2025
Actual experience at grocery store:
> food inflation at more than double overall inflation in 2025 at 5%, so far up 50% over 2025 at 7.5% in 2026
Canadians holding him accountable:
> He gave a great speech at Davos! We love him! We’ll boost him in the polls!
Once again proving that Canadians, and particularly Liberal supporters, don’t care what Liberal governments actually do as long as they mouth nice words.
The only lesson the Tories should draw from this is to lie like fucking hell during platitude and virtue signalling-filled campaigns, because that’s what wins elections. Because apparently nice speeches are all they need to fill their stomachs. Oh, and of course food banks in ever growing, record numbers.
Galen Weston should be in jail for profit gouging
Corporate greed.
Blah blah blah tag me when they build the gallows
I don’t see much evidence here that people are reading the article. It says inflation at the grocery store slowed, and that the main driver in the recent bump was a 12 percent increase in restaurant prices. The article notes a *decrease* in the price of fresh fruit, and it says that prices are up globally. Canada’s price increases are about 1.9% higher than what the US is seeing, with the following explanation:
>Some of the factors affecting grocery store inflation in Canada are global, such as droughts from years’ past leading to smaller cattle herds and tougher growing conditions for coffee beans, Preston noted.
>But even as commodity prices put pressure on grocery shelves across the world, in the United States, food prices rose 2.9 per cent in January.
>Preston said that Canada tends to get hit harder than the United States — particularly in the winter months — because less fresh food is grown north of the border. That leaves Canada more vulnerable to import price impacts and currency fluctuations.
I get that people are upset about grocery prices and Galen is in the Epstein files but can we at least try to read the article?
how is CPI still only like ~2-3%? Absolutely rigged. My prop taxes went up 28% this year. The only thing not skyrocketting in price every year is gasoline. I can’t think of a single other thing that has stayed relatively the same. Electronics maybe.
Im sure gouverment induced inflation and packaging taxes aren’t effecting it all.
Canadian grocery cartels are constantly testing the waters with what they can extort. Politicians on all sides do absolutely nothing but posture… the new rebate is a lackluster bandaid, one that ironically gives more of our tax dollars to those grocers.
At the 2023 grocery summit, we were promised lower prices by thanksgiving. You’d think Loblaws, Metro and Sobeys are giving all our politicians stock at this point.
Does anyone even read these articles before chiming in? “Corporate greed” is about the only thing not causing it according to those interviewed for the article. The weak Canadian dollar , Canada’s retaliatory tariffs on the US (now removed) and the Liberal government’s tax holiday in early 2025 are all named as contributors to the jump.
surely the voluntary, industry run, good faith, grocery code of conduct that was implemented on january 1st is working.
Galen weston and friends at it again!
Australian beef is in the fridge at Superstore for half the price of Canadian beef
2022 : Let them eat cake
2023: Let them eat cupcakes
2024: Let them eat muffins
2025: Let them have a cookie.
This ever changing “basket of goods” shows that we are paying more, for less quality as inflation grows.
Canadians making tough choices at the store, replacing things they really enjoy for things they don’t really like, because they’ve been priced out, will contribute to overall unhappiness with quality of life.
I read the headline and imagined this super expensive sausage singlehandedly driving the average grocery price increase. I need a nap.
I wish my stocks would go up 7% every 6 months.
Best I can do is maybe 9% / year (if I average it over 20 years)
The Canadian dollar has been in the abysmal 73 cent range for YEARS now! NOT the issue.
While fuel prices have dropped have you seen the price of diesel!? The cornerstone of everything shipped, harvested, planted etc! Naaaw that couldn’t have anything to do with it! And why is diesel so expensive? The carney!
Add to that the cost of potash production! Getting to net zero is virtually unattainable and incredibly expensive. Naaaw that couldn’t have anything to do with it! Why is Canadian potash so expensive? The carney. Plus our export of potash is hampered by these increased costs that do not exist anywhere else!
What about all the steel that goes into facilities, equipment etc? The carney’s net zero policies impact those costs as well which guess what folks? That gets passed along to us at the store!
You wait…. the carney plans to tariff countries we import from that don’t adhere to his zealous net zero objectives. You think prices are high now, wait for him to drop that bombshell. If he doesn’t that will kill our agricultural sector as it now costs more to produce food in Canada than it does virtually everywhere else.
The grift is on….. And you know what is the saddest part? He expects Canadians to make sacrifices while he hides his wealth from taxation using those offshore tax LOOPHOLES he refuses to shut down! There is no hope for anyone that falls for that!