The heads of Canada's biggest grocers met in Ottawa on Monday after the Liberal government summoned them to come up with a plan to 'stabilize' food inflation.
The heads of Canada's biggest grocers met in Ottawa on Monday after the Liberal government summoned them to come up with a plan to 'stabilize' food inflation.
Food inflation was still sitting at 9% while general inflation had dropped sub 3%. They can support this initiative by ceasing to rip us off. Frankly I'm annoyed that we're apparently seeking their support rather than demanding their obedience or meting out consequences.
The farm gate price already stabilized earlier this year. It's only a matter of waiting for older futures contracts to expire for the same to show up at the grocery store. There is always such a lag. Same reason we didn't see the price jump immediately when the farm gate price skyrocketed in 2021.
Everyone already knows that, Ottawa especially, so what's the point of this dog and pony show?