In 2023, the inflation rate was 3.4%, but food inflation was 8.3%. Where did this extra money go? Right into their pockets.
23% of Canadians are unable to afford a complete diet. We're now lessertarians, unable to afford staple foods.
Five retailers make up 76% of all Canadian grocery retailers. Empire, Metro, and Loblaws own over 30 subsidiary brands.
Sure, they've been fixing the price of bread since 2001, but they gave us a $25 gift card so we're cool, right?
