Grocery store CEOs are about to get grilled

Grocery store CEOs are about to get grilled | About That

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Food prices in Canada are skyrocketing - and grocery store CEOs have been called to Parliament to explain soaring profits. We go grocery shopping to find out which foods are costing you more at the checkout aisle.
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Пікірлер: 752

@carriewalker2929 Жыл бұрын

As a recent former Sobeys employee, not only are regular people being juiced for their mega profits they never put any of that money into staffing either. We worked like dogs the last couple of years. Short staffed all the time, constantly ridden for not getting enough done. Most employees made $15 an hour for a very difficult, extremely demanding job. Good staff never stayed. You should honestly do a story about how poorly staff at these places are treated. They couldn’t care one bit of they work their staff to breakdown for these profits.

@darlinspaces Жыл бұрын

Sorry🙏

@giovanna722 Жыл бұрын

Wow. Good idea.

@darlinspaces Жыл бұрын

@@giovanna722 TY. At least Amazon came in handy. I miss eating fresh vegetables for sure.

@mhawang8204 Жыл бұрын

Thank you for your sacrifice during the last few years. Horrible customers and selfish corporate management are not great to work with. Hope you’re doing better. We’re all living through a tough time.

@oilers999 Жыл бұрын

Carrie! Which Sobeys in Canada were you previously working at?

@BrendonDelorme Жыл бұрын

Your cover for Loblaws, saying their profits comes from Shoppers and not on food is misleading. Loblaws owns many food brands. They're raising prices using their own food brands, and then telling Canadians they're not gouging us. They're gouging us and using their retail as a cover to claim they're not making much. I think opening their book would tell us a lot more than this inquiry.

@susanb4816 Жыл бұрын

And shoppers sells food

@shauncameron8390 Жыл бұрын

And Loblaws own many supermarket chains

@jeremybenoit759 Жыл бұрын

Ya ok then because carbon tax has absolutely no affect on the cost of growing and transporting food.

@MrBingemartin Жыл бұрын

They're posing as their own competition to justify price increases.

@MrBingemartin Жыл бұрын

@@jeremybenoit759 Shhh. The state broadcasts propaganda doesn't want your relevant facts.

@patli445 Жыл бұрын

Prices are not only jacked up, but the amounts and sizes of products have shrunk; what the hell???!!! They think we won’t notice!!!! 😡

@SchlichteToven Жыл бұрын

To be fair, we generally don't. And no one wants to seem like the person squabbling over pennies so most people just ignore it if they do notice.

@funkbro2 Жыл бұрын

@@SchlichteToven most people notice… but we don’t have a choice

@bluesbrother2383 6 ай бұрын

They don't care, profits are made and yachts and villas are bought

@beverlymcsheffery8811 Жыл бұрын

LOVE this program. Andrew Chang does a great job and we really miss him on the National!

@Kurtos25 Жыл бұрын

@@martymoose8304 lol he did more research than u

@CoroaEntertainment Жыл бұрын

'Andrew Chang does a great job' Uh, no he doesn't. See my post above.

@Jatchua Жыл бұрын

Agreed! Andrew has done a fantastic job for years -- these recent journalistic digs have been even better.

@ihategooglesomuch Жыл бұрын

no, he tries too hard.

@CikisHelyzet Жыл бұрын

I didn’t see that at all. What were you watching??

@cindybrown9898 Жыл бұрын

the problem is....we have no choices thanks to them pushing out all the local grocers and its a monopoly

@shauncameron8390 Жыл бұрын

Largely between Loblaws, Sobeys and Metro.

@Samurai-ke5ie Жыл бұрын

You have a choice, buy local

@meko3089 Жыл бұрын

Control the food , control the people

@casual35 Жыл бұрын

@@Samurai-ke5ie What does buy local mean? The grocery store across the street from me is a one off and their prices are higher and always have been. The problem is greed and the government needs to cap pricing and profits.

@Samurai-ke5ie Жыл бұрын

@@casual35 buy from stores which aren’t owned by corporates

@clarhettcoalfield3616 Жыл бұрын

It goes beyond all the food prices hitting all time high marks, but the added cynical downsizing of products - case in point, that 904g tub of Becel margarine you bought back in March was about $5.00, its now today about $9.00 and the tub shrunk in size to 850g, yup that's 54g, and that hasn't been added to the rising cost we as consumers pay. And its not the only Item or product that shrunk in size while their prices rose. A number of sliced breads also shrunk from 800g per-pandemic to 750g shortly after, then dropped again three month to 600g. Family sizes tubs of yogurt shrunk in a sneaky way - the tub didn't get smaller, only the amount of yogurt that went into the tub, from 750g down to 600g. And Campbell soups too, and major cereals and their boxes also shrunk in size too. I'd like to know if the supermarket chains requested this shrinking of product size or was it the manufactures?

@vmitchinson Жыл бұрын

In addition to shrinkage, tinned product is being replaced with water.

@knowwhey7559 Жыл бұрын

I'm guessing you didn't even make it 5 minutes into the video, where they talk about the exact same thing?

@CarbonatedLithium Жыл бұрын

Shrinkflation. KFC cuts their pieces in half now, except for the wings and legs, and calls it 'value' while raising the price. I wonder if I can cut my $5 bill in half and call it $10?

@ninemoonplanet Жыл бұрын

😆 somehow I don't think so. $5 bills aren't the same colour.

@CarbonatedLithium Жыл бұрын

@@ninemoonplanet two half five dollar bills is 2x 5 by KFC logic !

@4799balaji Жыл бұрын

I have no idea just 3 companies own almost all of the retailers. The exact same pattern in mobile services. Just 2 or 3 companies own everything. I don't really understand how does the government let these things happen. Its laughable to think that there's no some kind of collusion among these monopolistic companies. I wonder if Canada has any anti trust laws like in the US. How is the market competition preserved?

@jptrainor Жыл бұрын

My understanding is that there has been an increase in margins due to reduced competition, but that isn't a factor in the last two years. It's been a factor over the last decade or two.

@clarhettcoalfield3616 Жыл бұрын

Well said, but of course these same companies are allowed to continue because they have done as the government requested and diversified on one hand purchasing drug marts and pharmacies, and then o the other they continued to gobble up all the competing food stores until there was no more to buy up. Its sad , and appalling but as long as the government turns away from this, they are hoping it will miraculously resolve it self somehow.

@bmw803 Жыл бұрын

It's called CRONYISM. Also you can name it a cartel or Oligharchy. Who allows all this? The same clowns that are calling this inquiry. Nothing will happen out of this.

@vmitchinson Жыл бұрын

We have laws that regulate competition but they are NOT being enforced. It is long past time to break these oligarchs up. They must be distroyed before they distroy CANADA.

@supertouring1 Жыл бұрын

In the government's defence, they've been trying to encourage competition, but there hasn't been much interest domestically. Foreign companies are allowed, but they can't be majority owner. Maybe it's time the gov't remove the foreign ownership limit. But whenever the gov't makes changes to the rules, the existing Rogers/Bell/Telus (ROBELLUS) always threaten to layoff thousands of employees as their response to increased competition beyond the current players. That said, Shaw's entrance into the mobile market has shaken up things somewhat so that's been a good thing.

@rgen28 Жыл бұрын

once you have over 500 million in wealth, there should be an extra wealth tax.

@MrBingemartin Жыл бұрын

Taxation is theft.

@silentstarr5 Жыл бұрын

Yes. Political theatre. A Government that allows monopolies talking with the CEOs of the food monopoly. It will be good for optics and talking points but I think in the end will accomplish very little. The same could be said of other monopolies in this country. Shareholders and buy backs are what it is all about sadly. .

@patti6178 Жыл бұрын

Can't quite do anything about it? They don't have access to Loblaws' books. How about proposing legislation to change that?

@lizliz4186 Жыл бұрын

They'd never get the votes if that was proposed. Conservatives and liberals would vote no because they support big business.

@Monkehrawrrr Жыл бұрын

@@lizliz4186 NDP Lets gooooo

@CoroaEntertainment Жыл бұрын

@@Monkehrawrrr Bahahahaha.

@mathias8627 Жыл бұрын

@@Monkehrawrrr unfortunately the NDP also serves exclusively the oligarchs. They talk a big game for the working class but every time they've been given power they've proven to be no different than any other party. Parties should be outlawed and all politicians should be paid the national average income amount and forbidden to take any money outside that salary or dealing in any way with corporations/lobbyists. They should be audited quarter-annually to ensure compliance and face harsh prison time if caught.

@Monkehrawrrr Жыл бұрын

@@mathias8627 I agree with you but you also have to understand that with us having 3 parties rather then 2 like in the US is a huge advantage, we need to vote in the NDP and watch how quickly things change when they start scrambling to stay in power. Politicians want 1 thing and its to be in power and they will do anything to get it, once you shake that up with a 3rd party a beautiful thing happens.

@steflynn7772 Жыл бұрын

Shrinkflation started BEFORE Covid, I noticed it with yogurt. Tubes had shrunk from 750 to 650. I have old yogurt tubes I use for storage. I even said they are gauging us because prices didn’t drop, to my family and told several peers to watch for other items to start doing the same. This was BEFORE Covid. It had started. This is all planned years ago.

@CikisHelyzet Жыл бұрын

Sure, it’s been a thing. But not on this scale and without reasons other than to squeeze ppl.

@victorrivera1606 Жыл бұрын

Let’s not forget that those companies are the big friends of the Canadian political leaders. They shouldn’t allow monopoly in Canada.

@elainefoley2699 Жыл бұрын

😮

@rimacoates6532 Жыл бұрын

These over inflated food costs affect more than your average consumer. If we don't have enough $ for groceries, guaranteed we won't be eating out or going to the movies/sports /concert events as much or at all! Our consumer buying power will do the talking.

@julielevesque2668 Жыл бұрын

I don't go out anymore...Netflix and chill or free things like skating, biking...no more restos, no more takeout....groceries and that is it. Necessities only and there's no way I can afford to put money away for retirement since my salary is not even $20 an hour but yet minimum wage in Quebec is going up to $15.25 in May. 20 years experience in admin jobs plus a college diploma and that's what salary I get.

@CarbonatedLithium Жыл бұрын

That's why your 'scene' card works at the grocery store now. It's not like you can afford to go the movies anymore.

@aman888 Жыл бұрын

That would be the point of rate hikes then. So consumers can cool their spending for a while and let prices come down. This is why we're in this mess. Because of record low rates and people living beyond their means. Paying too much for houses, multiple cars, starbucks every day.

@r.1599 Жыл бұрын

For nearly a year, my local No Frills' "fresh" produce has been old. The prices are going up but the loose potatoes are green, the fruit comes covered with spots of decomposition, the ginger moldy, the greens slimy... this is what the store purchases and puts on the shelves. Stuff looks perfectly fine at the Fortinos, so it's not like the vendors Loblaw buys from don't have actually fresh produce.

@shauncameron8390 Жыл бұрын

No Frills is owned by Loblaws.

@r.1599 Жыл бұрын

@@shauncameron8390 Yes, it is. So is Fortinos. Which is why I question such a huge disparity (much bigger than usual) between the quality of "fresh" produce being bought for No Frills vs Fortinos. The stuff at my local No Frills is at the stage at which grocery stores should toss it out. Green potatoes are toxic. I shudder to think that some desperate person bought them and got sick from all that solanine.

@Tori_TLCR Жыл бұрын

In my area I see things come in fresh but they simply sit there longer because they're too expensive and spoil on the shelf. This food inflation is causing food waste while people go hungry.

@vmitchinson Жыл бұрын

@@Tori_TLCR it is f..king criminal!

@r.1599 Жыл бұрын

@@Tori_TLCR Eventually climate change will make it so hard to grow produce that even the expensive produce currently on the shelves, won't be there.

@patti6178 Жыл бұрын

"let's all calm down"? really?? we're struggling with the necessities of life, we're not getting any help and we're being asked to "calm down" lol wtf

@alienpix Жыл бұрын

It's modern day slavery. This isn't an extreme or reactionary statement, it's actually worse than the time of kingdoms and serfs.

@findmeifyoucan Жыл бұрын

This is what you get for voting Liberals.

@clarhettcoalfield3616 Жыл бұрын

@@alienpix "it's actually worse than the time of kingdoms and serfs" wow - you really believe that? Yes its bad, is it as bad as all that - I think not.

@alienpix Жыл бұрын

@@clarhettcoalfield3616 multiple sources cite taxes for serfs being less than what middle income families pay. In addition to medical industries still testing on people (ie. Birth control and new versions/models) and the cost of living vs income has not balanced. There are less freedoms and more responsibilities.

@alienpix Жыл бұрын

@@findmeifyoucan my ability to vote was suppressed when my landlord (editor at the globe and mail) had allowed the registeration of the building as a convent, and then evicted me. Didn't vote at all recently, despite multiple attempts, and had I had the access to information I would never have voted for JT. The whole system is corrupt though, it's hot potato with ideologies to keep us offcenter with whiplash.

@nkhan4 Жыл бұрын

I think it's high time Canada starts a Co-Op style food and essentials stores where it is publicly funded like it is Switzerland, one of the reasons they have such low inflation costs for food. Sure gouge lipsticsk and make up, but food and essentials for living should not be used to drive profits. And if a company wants to do this, they need full transparency on essentials. I hope they ask them to show their grocery store numbers.

@Monkehrawrrr Жыл бұрын

Cooperativize grocery stores and many more industries!

@bmw803 Жыл бұрын

You honestly think this is gonna go anywhere? This is show and optics. Who do you think politicians get their "donations" from? This is CRONYISM and it should be illegal. As long as you have corrupt politicians accepting bribes and payoffs, this will never go away.

@UseURHead Жыл бұрын

We do have coop..in Sask.

@jesusm8081 Жыл бұрын

We have coop in SK and prices are absolutely the same.

@nkhan4 Жыл бұрын

@@jesusm8081 oh no!! my idea is DOA. How are other countries able to manage it so well? There must be something fishy going on there too?

@megabaneen8057 Жыл бұрын

Government should actually tax on new raised profits. Instead of allowing companies like Loblaws to raise prices on goods for the consumers. Grocery companies can actually hide mark ups trough a variety of ways and then pass along to consumer and just say its inflation driving up the costs. Shady business (sneaky fees).

@lizliz4186 Жыл бұрын

They only party that might actually do that is the NDP. Vote

@nancy-vz8nb Жыл бұрын

Totally agree w you, their prices go up 40% and more

@bmw803 Жыл бұрын

Are you that ignorant? They'll raise prices even more because the price of "government" went up. I don't defend those corporate crooks, but any increase to them, gets passed to you. Explain how will this help anyone. What we need is an open market. Not a cartel that bribes politicians to keep the doors closed to new entrants.

@johnos3853 Жыл бұрын

If they increase tax on grocery stores wouldn’t the grocery stores just raise prices even higher

@jdbrando9469 Жыл бұрын

Prices go up and packages portion sizes get smaller.

@chrislewis615 Жыл бұрын

Anybody else literally lose their appetite? I am eating like a bird lately, it's almost as if my body is responding to the artificially high prices and I am just plain not hungry until I am literally half- starved. I have never been a foodie, mind you and I have a lot of anxiety for other reasons, which for me is an appetite suppressant. But still...

@gurjitsingh4268 Жыл бұрын

I am also eating less. Grocery is very expensive.

@ronniemead805 Жыл бұрын

Grow your own veggies, even if you live in an apartment.

@1leah1 Жыл бұрын

I wish someone would cover the "2 for" pricing. As in " 2 for 4.99 or 1 for 3.49".

@kevo300 Жыл бұрын

Its not even 2 for anymore its 3 for which is insane for small families and single people, who wants 3 boxes of cereal?

@flowergirlabc123 Жыл бұрын

@@kevo300 and alot of people may not have the room to store all these extra items, or the extra money, or have to walk and cannot carry all these items home!

@CikisHelyzet Жыл бұрын

It’s called Multibuy and it’s basically ransom. Single persons do no not need to buy 4 of anything yet I’m seeing it everywhere and bypassing many things for that reason. It can be regulated. Multibuy should reward you for buying more, not preclude you from buying anything at all.

@1leah1 Жыл бұрын

@@CikisHelyzet you're right that it shouldn't preclude one from buying anything at all. But rewarding people for buying more is kind of the same thing as charging more for one item. This "2 for" has to stop.

@drewsykes8231 Жыл бұрын

I smell another class action lawsuit

@TelosBudo Жыл бұрын

Canada's grocers profits are 3x higher than their U.S. counterparts, with similar inflation.

@shauncameron8390 Жыл бұрын

But Canadian grocers charge 3x what their US counterparts charge.

@rolandm9750 Жыл бұрын

@@shauncameron8390 Actually, you should see some of the prices in US grocery stores these days... One random example is how a bag of Ruffles/Doritos/Lays costs like $5-6 USD at Walmart. And, unlike here were you see "3 for $10" and what have you (still more pricey than they used to be), never see those kind of things over there. Maybe at Target but they're charging a little more than Walmart for most things to begin with. It's bad on both sides of the border. I also remember not too many yrs ago used to be less than $2 USD for a gallon of milk, now it's $5 :| Lotta stuff is actually a lot more expensive after conversion. I'm sure some stuff is still cheaper but a lot of stuff...isn't anymore.

@bmw803 Жыл бұрын

Obviously. Politicians are returning favors for campaign money.

@francem831 Жыл бұрын

Went to Buffalo about a month ago? 6 bagels at Wegmans, was $7.50!! A large bag of popcorn was $6.49, 4 sticks of butter was $3.99 and a case of 12 cans of soda at Target was $7.99 all in USD..

@vmitchinson Жыл бұрын

@@francem831 CAD is 73 cents per USD.

@number9vintage928 Жыл бұрын

It's one thing that groceries cost about $800 more annually and an entirely different thing when rent increases cost $12,000 or more on top. Who can deal with that?

@izzydeadyet7336 Жыл бұрын

Ya they mention it but it's not taken seriously at all! No one will be able to maintain these rental rates, I've been behind in rent non stop the last 3 years .. I knew I couldn't afford the place, a roachy 2 bedroom, but I was homless and my kids had been staying with grandparents for the first time ever! My old apartment was already $950 which was alot for me, then my building got renovicted and everything had gone up to $1500 for 2 bedroom, now they're over $2000 if I get evicted again im homless Indeffinitly because I dont have $5000 for first and last! We cant even eat half the time

@susanb4816 Жыл бұрын

We should have independent stores no chains

@purdybill Жыл бұрын

You'd see higher prices as independent stores cannot buy enough from a supplier to get bulk pricing.

@htkh Жыл бұрын

@@purdybill not true. The cheapest grocery I can get in town is from an independently owned Asian grocery store in Chinatown. You don't need to buy a million units of one item for it to be bulk pricing. Furthermore, having 3 giant chains monopolizing on grocery actually hinder suppliers the ability to negotiate prices, because companies like Loblaws can threaten to pull the items from their shelves, and since they operate a near monopoly, not being able to have items at these stores meaning no customers would be able to buy the items. So in some cases, these chains can negotiate for the price they pay to be as very low, meanwhile still passing on the price increase (and some more) to consumers because we have no way of knowing how much of the price increase actually came from the suppliers.

@shauncameron8390 Жыл бұрын

@@htkh That Asian grocery store is not competition to the big 3. Just like PA and Adonis here in Montreal are competition to the big chains.

@mikeb5664 Жыл бұрын

@@htkh If I buy 1000 items from you, you'll give me a better price than if i buy 100. That's a fact.

@DWreck958 Жыл бұрын

@@shauncameron8390 Adonis is owned by Metro Inc... 🙃🤭 Nice try tho

@woxnerw Жыл бұрын

I can remember back in the '70's when I could buy a week's worth of groceries for $15.00.. Today ... I went to the store and laid out over $100.00 in 2023, dollars and my grocery list is not all checked off.. This Want'ta be Prime minister is telling me that he's going to make up the difference by sending me a "Make up Cheque" to "COVER" the difference by Taxing Me for the Difference? Tell Me ... what school did he go to ... to learn that kind of arithmetic?

@marlonlo9661 Жыл бұрын

Great coverage. Should do more of these. Speak against power, greed and corruption!

@wallyy33 Жыл бұрын

How do petroleum companies get away with the same thing? And not get called to Ottawa. I am being facicious here.

@joshfrench5858 Жыл бұрын

Prices were high pre pandemic. I’m not going to hold my breath that anything is going to change now.

@agoogleuseranonymous2658 Жыл бұрын

In this country there are swindlers everywhere. Definitely they're not absent at the grocery store.

@scottstempmail9045 Жыл бұрын

"I feel like I'm spending fifty dollars for a handful of items." You are. We are.

@fuzzylogic7502 Жыл бұрын

Loblaws definitely doesn't hide their pricing increases and fluctuations. Just watch the price of chicken through a month.....it will go from as low as $6.00 to $18.00 overnight; a week or two later it will drop again for a short time. Not to mention the price increases on almost everything else....they continue to rise as well. Anywhere from $.50 to $1.50 rise on average per product of choice that week. I am regretfully changing back to WalMart as their prices are a lot more stable.

@izzydeadyet7336 Жыл бұрын

At shoppers drug mart I saw the small travel sized shampoo for $8 and the same for the travel conditioner! So $16 for travel size shampoo and conditioner!! Talk about shrinkflation! My kids used to have doll sized food products and I used to joke that's what our food would turn into and its happening. Ridiculous

@YoBoyMarcus Жыл бұрын

One word for you: Dollarama

@izzydeadyet7336 Жыл бұрын

@@YoBoyMarcus dollarama prices are way up too, they have things over $5 .. I remember when their motto was, 'nothing over a dollar '

@ihategooglesomuch Жыл бұрын

anyone who buys such ridiculous products deserves to be gouged.

@flowergirlabc123 Жыл бұрын

Shoppers Drug Mart is notorious for having extremely high prices. You need to shop sales now. Don't buy travel sized anything. Buy small travel bottles at dollar stores and fill it up!

@izzydeadyet7336 Жыл бұрын

@@flowergirlabc123 I would never buy them I just couldnt belive the price walking by, it was like full price for a tiny doll sized version, ridiculous!

@alienpix Жыл бұрын

There's a conflict of interest with the legal industry as it's built from colonialism, which is built on investment. These companies invest in the government and the government invests in these companies. There needs to be outside evaluation to avoid conflicts of interest.

@jeffreyquinn3820 Жыл бұрын

Which is why we have banking fees that are orders of magnitude than they are in most other developed countries. In Germany & some other EU, for example, employees of the big retail corporations have a legally mandated seat on the board so that they have equal information to the employer at contract negotiation times, so there is a higher level of trust in financial statements. The workers aren't going to agree to financial statements that falsely show that the company can't give them raises. In Canada, the boards are made up primarily of members of the same 18 families that have been on the board of everything since Canada became a country.

@jwright6059 Жыл бұрын

We are absolutely getting gouged. They can absolutely afford to pay people more money and absolutely can afford to lower prices. They are still gonna be rich if they dock enough and pay employees more. I'm 23 and live with my parents but living away from home it's exhausting trying to get decent hours let alone enough pay rent or to even sustain yourself, let alone eat. I'm terrified. I encourage everyone to save and work hard. But you need on average 2-3 jobs to live comfortably not happily. Because honestly I spent thousands on nothing and completely regretted it. I could have used that for rent or other things or put it into my retirement fund. Or my investment fund. It's scary. I'm terrified at 23 I still haven't finished college haven't lived on my own much, I blame it on myself of course 100%, but sustainability isn't easy. It's exhausting trying to maintain a healthy and happy life, no matter how hard you work on yourself. But I'm getting sidetracked .Prices keep going up but yet my wages stay at a.terrible 15$. I deserve at least 18.50$ to try and cope with the immense inflation my generation is being slammed with.

@darlinspaces Жыл бұрын

You feel your degree was useless? I think the housing is a big part of the young persons problems but unless our votes are disqualified, I feel all we need to do is get rid of Trudeau this is the silver lining. You aren’t alone. I am owed for EI since September. Govt lies too much. Filed an appeal. Money don’t bring you peace of mind like the facts do. Just don’t become a globalist.

@user-iq4ko7kk1d Жыл бұрын

Sadly It's not just your generation, but we should be greatful to Trudeau who has given us all the option of checking ourselves out, literally if we find we just aren't up for the struggle.

@darlinspaces Жыл бұрын

@@user-iq4ko7kk1d You have free will. Trudeau is just another person...he is not in power forever

@ronron6652 Жыл бұрын

And about Canada's monopoly laws? Summoning the CEOs is not going to help, it just deflects the blame away from the Trudeau government.

@user-iq4ko7kk1d Жыл бұрын

Can someone please name a time when food prices came down? My company says they cant increase wages because the inflation is only temporary. So i keep making less and less as I've never seen prices come down.

@Sprack Жыл бұрын

We are screwed. Great article. The answer BLAH BLAH BLAH

@onBview Жыл бұрын

How come Loblaw is renovating during this difficult times?

@lizliz4186 Жыл бұрын

I often wonder the same. So is Metro and Sobeys. It's not such a hard time after all. I think politicians see that as more jobs and more tax money so I don't think they're going to ask.

@teresadopeysmum3268 Жыл бұрын

That's how they get tax write-offs. Renovate unnecessarily using excess profits and get tax breaks for doing so.

@evadeanu1 Жыл бұрын

Oh! Nobody is going to get grilled. They will continue to pay themselves just as much from our hard work.

@arnoldromppai5395 Жыл бұрын

Food prices are nothing. As a pork farmer and a cow calf from farm to table. In 2020 I paid $273 a ton for 50% cracked corn an 50% ground barly.. in 2021 that same tom went to $437 in 2022 that same ton went to $557 today that same ton is $733. I was forced not to keep any of my feeder piglets due to feed cost. I stopped neat chicken an turkeys in 2021 due to huge feed costs I have my sows an boar but I will most likly sell all 8 week old piglet to locals for them to raise for 12 month. I may not keep the femal calves this spring for breaders due to grain costs. Now. Grain is in just about everything you buy. But I under stand much more filler is being added over an above what's always been put in. to cut back on grain.

@christianduval9067 Жыл бұрын

Forgot to mention the cost of transportation....diesel at $2,00 per litre....and everything travel with diesel

@shauncameron8390 Жыл бұрын

You have only Carbon Tax to thank for that.

@MsSassyMT Жыл бұрын

I definitely have noticed that my fresh vegetables are going bad so much quicker. Now, if I'm not going to eat it the same day I purchase it, I opt for frozen.

@tohrurikku Жыл бұрын

But the cold and pain medications were not available on the shelves to buy. Those areas have been mostly bare for a few years now. I still remember that not long ago these grocers were caught gouging their customers on bread sales. It is not a big leap to realize that they are doing the same thing in other areas too.

@yellowbird5411 Жыл бұрын

If you look at the products in front of him, you see that most of them are processed foods. It costs to process foods, and there is more shipping, storing, packaging, and ingredients go up in price for the manufacturer. There is no consumer control over water content, cheap ingredients, sugar, salt, etc. A can of potato soup at Walmart is $1.72 right now, online. There is about 1/3 of a potato in the can. I can buy 5lbs of potatoes from Walmart for $3.97. That's probably about 12 whole potatoes. How much potato soup could I make with that? So, just be aware that to keep prices low and nutrition high, stay with fresh, whole, unprocessed foods as much as possible. Otherwise you are paying for the can, labeling, electricity to process it, etc. Make your own snacks, soups, and burgers/sandwiches at home.

@imisstoronto3121 Жыл бұрын

How about instant coffee? I remember the large jars my parents used to buy; not sure how many ounces it held but it was substantial. Now the coffee jars are miniscule and the price is ridiculous!!

@samanthapochiro Жыл бұрын

Beauty items are getting bad too with shrinkflation. A dry shampoo I've been using for years (Hask) shrunk over half the size!

@musahala Жыл бұрын

Used to get cooking oil 3L for 4.99 that too on the remote island of cape Breton towards the beginning of 2022. Now is more than double the price

@WeLoveMeals Жыл бұрын

I went to the grocery store a couple of days ago and noticed that a bag of chips on average was $5😳 we all know that half of the bag is air anyway. Food prices are rising, and will continue to do so. It’s unfortunate, and I hope many of us get pay increases to be able to keep up.

@CikisHelyzet Жыл бұрын

Right? Who thinks $7 is okay for a single potato and a bag of air?? I especially like how I’m supposed to get excited that Doritos are on sale 2/$9 ... what planet is this? I’d like to go home now. 😏

@davidjym Жыл бұрын

Some people thanked inflation for helping them lose weight 😢

@shauncameron8390 Жыл бұрын

@@davidjym Looks like the Trudeau diet is working as intended.

@davidjym Жыл бұрын

@@shauncameron8390 less stress on the health care system if everyone maintains a 'healthy' weight.

@francem831 Жыл бұрын

Thanks for the break downs.. very informative.. good reporting. 👍🏻

@joanneentwistle7653 Жыл бұрын

I saw jugs of oil in Metro last week for $21.99.

@davidjym Жыл бұрын

Great deal

@ninemoonplanet Жыл бұрын

Ms. Patel should look at "stencil branding" among the foods in stores. Those products are made with much lower per item cost to the grocery chains. (think after market) so obviously the profits are higher. JBS, Cargill and two others are the only major corporations producing in processing meat products. They based in Brazil and the US. See if those financial statements are available. Cargill, JBS I believe both have meat processing plants in Canada, therefore the financial statements may be available here. Now, I have moved almost completely away from the major food suppliers, including Walmart. I personally saw prices supposedly "frozen" had been raised substantially just before the "freeze" and remained at the higher price. That's when I understood the corporations were playing games with pricing, volume per unit, etc. My tiny garden will be packed with vegetables I personally eat frequently, but anything else I will buy from local growers or shops.

@stuartgannon1629 Жыл бұрын

I find this piece and the conversation around food prices misleading as it is so very far from complete. Firstly, ignore Costco and WalMart, 2 of the 4 largest groceries out of the conversation of food retail in Canada paints an incomplete picture. Secondly these are retailers, not food manufacturers (I make the distinction between Loblaw and Weston). Where is the conversation around food manufacturers and what is driving commodity prices, the cost of manufacturing, and supply chain prices up. These are fundamental to understanding the entire picture. Grocery chains have historically done a good job of mitigating price increases from manufacturers. Look at the dispute between Loblaw and PepsiCo last year when PepsiCo stopped shipping to all Loblaws because they refused to take a price increase. I had great hopes for these longer slots, that they would be more informative but we are still getting misleading narratives

@Half_Man_Half_Bearpig Жыл бұрын

If we started seeing shortages in the stores and rising prices in response to balance supply and demand, I'd buy the narrative that price increases were necessary. That was not the case, at least in the 3-5 stores I usually shop at. Prices have steadily increased with no indication that market conditions were rapidly changing.

@agoogleuseranonymous2658 Жыл бұрын

Exactly you see this too on the shelves. Milk that expires like the next day or so.

@joyluke10 Жыл бұрын

I was actually scolded by the store manager because I was looking for coffee cream that had a longer expiry date because the price was so high... i just ignored him as I was paying for it not him...

@chefszm Жыл бұрын

that can of campbells chicken soup is $2.49 at walmart, just goes to show how sad the situation is whe American chains do more than our local ones to keep prices low

@JHW44 Жыл бұрын

Ours were $0.97 a can the last few times I went

@darlinspaces Жыл бұрын

But it’s not better food in states, trust me

@JHW44 Жыл бұрын

@@darlinspaces yea pretty sure your food inflation in the USA is higher than ours.. lol not sure where that was coming from

@darlinspaces Жыл бұрын

@@JHW44 Just feel sorry for them...they still have a lot to catch up with understanding of data

@JHW44 Жыл бұрын

At Walmart maybe soup is still $0.97 I’m not sure since the flyer has changed. Hope you are able to stock up a little bit

@loosepal Жыл бұрын

Great now we need the real-estate companies to be answerable !!

@4Joey Жыл бұрын

Absolutely love this "About That" series!

@agoogleuseranonymous2658 Жыл бұрын

Everything is going up. We're paying MORE for LESS. Even on the dating market a 4/10 on Tinder is going to expect a 9/10(a Chad) these days. Same with houses. A dumpster full of roaches made in the 50s is worth millions today. Back then when the house was brand new, it was worth less than $100k. The thing for sure that doesn't increase as fast is our incomes.

@Mdyck69 Жыл бұрын

Heres a thing. I shop at the local co-op. If they make too much money they give it back. All these folks that line up at discount gas stations to buy the cheaper fuel which usually doesn't have all the same protective additives or is just older stock fuel than brand name fuel stations have to save 5 cents a liter. I got 4 cents a liter back last year and don't even have to pump my own gas. Co-ops are the way to go

@Sprack Жыл бұрын

Sickening as I watch

@FaizaAhmedOfficial Жыл бұрын

Great Job CBC! Thanks for identifying it.

@johnrichards8846 Жыл бұрын

That's product placement when he flattened the laptop.

@ThePoorStudent Жыл бұрын

I understand the increased demand in cold medicine but why was there an increased demand in cosmetics?

@shauncameron8390 Жыл бұрын

Women gotta have their cosmetics, you know!

@erupendragon7376 Жыл бұрын

Check you definition of inflation. Monopolistic exploitation is not inflation.

@A_Canadian_In_Poland Жыл бұрын

A forced breakup of the big 3 retailers into about 20 different companies by brand name might seem heavy-handed, but the USA and the EU do this all the time...

@JHW44 Жыл бұрын

When the price freeze ended at loblaws no name bagels were $1.50. One week after the price freeze ended they were $2.25 and a week later $3.50.. bagels up $2 in 2 weeks? I would hate to see the prices next time I go...

@davidjym Жыл бұрын

Payback time

@JHW44 Жыл бұрын

@@davidjym yay 😁 they are on sale this week though at least lol

@davidjym Жыл бұрын

@@JHW44 stock them up!!!!! 😆😆😆😆

@JHW44 Жыл бұрын

@@davidjym lol as many as I can fit in the freezer.. I still have some from when they were $1.50 lol 😂

@MrPotsy81 Жыл бұрын

Worked in a grocery store. They rotate product especially bread, etc. The freshest product is in the back. Always take from the back!!

@kronikcanuck334 Жыл бұрын

Last week while I was in my local Rexall drug store in BC I noticed a 1 litre bottle of Heinz ketchup was $6.99. The same bottle of ketchup in Save on Foods costs only $3.99 .

@barryhaley7430 Жыл бұрын

Except he’s saying “it’s free”! It’s not Canadian taxpayers are paying for it!

@Ganserndorf9411 Жыл бұрын

Had to laugh seeing the kid complaining about high prices while holding a case of plastic bottled water 😂

@janejones9004 Жыл бұрын

Loblaws is the most expensive grocery store in Ontario! Coming from BC, I was shocked. I thought Metro was bad, but you can get some things on sale there. Still I don't do my main shopping there.

@sarahjane9526 Жыл бұрын

We have been seeing the same here in Australia. Vegetable oil this week in Coles was $30 for the large bottle

@davidjym Жыл бұрын

Helping people to use less and helping the planet 😅

@janicemoss5818 Жыл бұрын

Explain to me PLEASE 🙏 why I can buy Marijuana on every street but I can't buy baby formula

@lizliz4186 Жыл бұрын

Bot

@tinaupnorth Жыл бұрын

This has been a life long issue in the Territories. Now that it's affecting the provinces, maybe something can actually be done for all parts of Canada. The north's prices are even higher still. Imagine!

@shauncameron8390 Жыл бұрын

That's due to transport costs.

@iEatcandy. Жыл бұрын

This makes me so glad I price match & use coupons & stock up on those FREEBIES & Money Maker deals. Starbucks iced coffee jugs used to be $5.99 ish to now $8-$10 bottle. 2 BILLION in profits...CEO'S getting paid way to much. Trickle that sown too the employees & lower prices.

@lorenzomabalos9851 Жыл бұрын

It would be nice to grow our own food, if we had the available space and longer growing season, but eh...

@mdnowshad Жыл бұрын

Used buy 10 lb rice $10 now it costs $19. It’s getting bad day by day to afford food.

@the_ikiru Жыл бұрын

Such a wishy washy piece. Politicians are trying to deflect blame from themselves and the grocery stores are a convenient scapegoat. We should ask politicians what they are doing besides tweeting and posing for the cameras.

@Amir-jn5mo Жыл бұрын

blame of what exactly? What does a politician have to do with food prices? We didnt commit a brexit to have no groceries on shelfs due to all the trade and currency problems UK is having.

@the_ikiru Жыл бұрын

@@Amir-jn5mo government policies can cause inflation. Interest rates too low for too long. $500B in money printing during the pandemic. Refusing to act against mergers that reduce consumer choice. There are so many things that they can do besides tweet or blame other people for political points.

@shauncameron8390 Жыл бұрын

@@Amir-jn5mo Carbon Tax? It does affect production, supply and distribution of food.

@Topazman12 Жыл бұрын

My lady met many people that opened a home based business. They bought needed vegetables straight from the Warehouse or farm. And they distributed to local buyers. This is a type of buyers club.

@darlinspaces Жыл бұрын

Where at?🤓

@TechFollower Жыл бұрын

The problem is not going to fix by doing this... government need to fix own problems first

@mikeg9341 Жыл бұрын

Well im pretty sure they can see which department made the money. And compare the price from the previous year to the present.

@EnVec0 Жыл бұрын

I’d also like to mention they aren’t going to be paying their employees more despite their record profits.

@davidjym Жыл бұрын

Why should they share profits with anyone?????

@dnamja Жыл бұрын

While working at a small grocery store with Sobey's as our supplier, I can confirm that these price increases have been happening way too quickly way too often, especially the Compliments and Panache brands (Sobey's in-house brands). Although we try to keep our margins the same... it's hard when a lot of our customers shop at bigger stores for their bigger sales while our margins on sale items have diminished considerably to boot. 99% of our costs that have gone up during the pandemic have never gotten back down after the supply chain has somewhat stabilized because... why would they? Also, at 4:55, there are different Campbell's Condensed Chicken Noodle Soups, the classic and the homestyle, where the homestyle (in the video) is more expensive. Just wondering if they meant to pick up the classic version of the soup.

@vmitchinson Жыл бұрын

Break these chains up. For instance prohibited retailers owning wholesalers, force the producers to be independent of all processers and so on until every component is independent of all other parts of the food chain. Also each component is aloud to own more then 2O% of the market. I remember back in the 50 and 60 breweries were not aloud to own retail bars and the beer had to be brewed in the province where it was sold.

@Lillyofthevalley222 Жыл бұрын

The chicken and pork thing! Right! I’ve been buying a 1.5kg pork roast for under $10!!!!

@GomChingu Жыл бұрын

loved this video, Andrew Chang the host presented the information in an intelligent and analytical point of view.

@Brad-99 Жыл бұрын

My Loblaws store has that exact same Brand jug of oil is 29 $ wtf 🤬

@darlinspaces Жыл бұрын

I live in a 2 bedroom home and am now setting up my indoor tent to growing vegetables. It’s not that I can’t feed myself it’s we don’t really feel the food I quality. There are other friends I have saying they think the Ohio train leak is now in the ground here.

@Amir-jn5mo Жыл бұрын

Great coverage. Thank you for doing clean honest journalist work. Loved your piece regarding TTC safety too.

@stormienormy Жыл бұрын

parent company for becel margarine gotta make back what they lost moving plant from Toronto to Brantford. Which they will save on labour costs, but they definitely will not pass those savings on to consumers. Joke company boycot BECEL

@miriamm2978 Жыл бұрын

Becel is one molecule away from plastic anyway. No one should be eating it ever. 😆😆😆

@lindsay3995 Жыл бұрын

So basically, “we were really bilking you all last year, but have had to ease up a bit this year-give us empathy.”

@jovialjadegoliath7071 Жыл бұрын

The movie credited for the clips of Peter Finch should be 'Network', not 'The Network'

@YoBoyMarcus Жыл бұрын

Canadians have been bilked for decades. Even though food prices are ridiculously high right now, they've been high for decades. I look at the price of food in the U.K. and it's so much cheaper. Their prices have gone up as well in the last couple of years but it's still affordable. Just one example: A can of baked beans is 27p in the UK, which is about 45 cents Canadian. A similar can of beans in Canada is 1.47 if you get it at Walmart. More than THREE TIMES the price... If the British people were subjected to Canadian prices they would take to the streets to riot. Same thing in Italy, I couldn't believe the low prices on groceries when I went. It was amazing and really made me realize how badly Canadians are being taken advantage of.

@rebeccahillsares8253 Жыл бұрын

Fact 💯

@peachmelba1000 Жыл бұрын

It's very difficult to feel any pity when 500 million in a quarter is disappointing to a company. My money only gets spent on essentials these days, and food is the most important one. I don't even own a car. Idk how people manage that, even at a great wage.

@JTBombs87 Жыл бұрын

Need to check the math on the barilla pasta 😂

@andrewgeorgelang Жыл бұрын

Explain the math on that vegetable oil for me again.

@danielmad 2 ай бұрын

You need to compare reports not just between the three, but bring in a controller based element, like a Walmart annual report, just to show how those three are influencing the market in Canada.

@CokkiNetal Жыл бұрын

Excellent report. Well done.

@30kenton Жыл бұрын

I love your show.any luck having a tv show..or a calling program

@DareToBeDeviant Жыл бұрын

Prices in stores having shot up roughly 80-200%. Every news person or economist so far: "Inflation is up 5%". A bite of cake used to cost me 75¢ a few years ago and now is $1.59. I'm not an expert in math but something doesn't add up here.