Canadian families to pay hundreds more a year for groceries in 2021
- Last Updated:
- Dec 9th, 2020 6:16 pm
Tags:
- SCORE-2
- Yems4577 [OP]
- Newbie
- Dec 6, 2020
- 6 posts
15 replies
- engineered
- Deal Expert
-
- Feb 11, 2007
- 20909 posts
- 25048 upvotes
- GTA
And record profits for the grocery stores.
If the women don't find you handsome, they should at least find you handy.
- recordman
- Deal Fanatic
-
- Jan 19, 2005
- 5166 posts
- 2443 upvotes
- Vancity
Waste less food, or eat less (most ppl in the country over-eat). If that doesn't work, buy shares in companies that benefit from the price increase.
signature closed for renovation
- apnayloags
- Penalty Box
-
- Nov 13, 2010
- 7813 posts
- 1864 upvotes
- Scarborough
Article from September 2020?
But yeah things are more expensive.
Excuse: “covid19”
But yeah things are more expensive.
Excuse: “covid19”
- Tommy74
- Deal Fanatic
- Jun 26, 2009
- 5333 posts
- 5193 upvotes
- GTA
Rich get richer, poor ones get covid and pay more for everything after/if they recover.
- tehwegz
- Deal Addict
- Apr 5, 2017
- 1490 posts
- 1339 upvotes
- Edmonton, AB
I always watch what I buy. The price of some things can stand the test of time and not increase so much with inflation. I can piece together a super cheap (considering inflation) string of groceries for meal prep from Dollarama, Walmart, and Costco.
People are also hoarding and consuming more - likely out of boredom, and for the dopamine.
Another aspect they don't look at - is maybe, the smart ones at least, are cutting down their spending on the trillion dollar fast food industry. And by eating at home and learning useful life skills such as cooking or even catching/growing their own food, they learn to be more self sufficient and save even more money than they would otherwise have spent on dine-in and take-out, which the quality of is likely going down among all of this, and we are really just being guilted at this point to spend more on such extravagances.
Also - delivery/convenience fees and grocery services.
And people working these essential services obviously deserve to make more. I don't mind that cost somewhat covered by consumers but a lot of the big companies really need to step up.
100's more isn't anything crazy though, however due to the debt ratios in this country this could break some people if they don't start taking more control of their finances and cutting some unnecessary purchases out.
People are also hoarding and consuming more - likely out of boredom, and for the dopamine.
Another aspect they don't look at - is maybe, the smart ones at least, are cutting down their spending on the trillion dollar fast food industry. And by eating at home and learning useful life skills such as cooking or even catching/growing their own food, they learn to be more self sufficient and save even more money than they would otherwise have spent on dine-in and take-out, which the quality of is likely going down among all of this, and we are really just being guilted at this point to spend more on such extravagances.
Also - delivery/convenience fees and grocery services.
And people working these essential services obviously deserve to make more. I don't mind that cost somewhat covered by consumers but a lot of the big companies really need to step up.
100's more isn't anything crazy though, however due to the debt ratios in this country this could break some people if they don't start taking more control of their finances and cutting some unnecessary purchases out.
- Jon Lai
- Deal Expert
- May 30, 2005
- 48774 posts
- 9999 upvotes
- Richmond Hill
$695 increase on an average 13K grocery bill. That's 5% increase - hardly anything to scream at. Again, the headlines are meant to generate a certain emotion, and the meat is in the details (pun intended).
- Biscayne05
- Deal Addict
- Apr 10, 2017
- 2963 posts
- 2026 upvotes
For next summer Ill finally get my backyard garden going
Im by no means panicking but ill do my part here in decreasing my grocery bill.
Im by no means panicking but ill do my part here in decreasing my grocery bill.
- MooseV2
- Deal Addict
- Jun 18, 2016
- 1169 posts
- 4068 upvotes
I'm glad to hear it. Canadians pay less for food than 95% of the world.
By Feb 8th every year the average household will have earned enough to pay their entire year’s grocery bill.
https://www.cfa-fca.ca/programs-and-pro ... eedom-day/
By Feb 8th every year the average household will have earned enough to pay their entire year’s grocery bill.
https://www.cfa-fca.ca/programs-and-pro ... eedom-day/
- ferkel
- Deal Addict
-
- Sep 29, 2003
- 4952 posts
- 546 upvotes
- GTA
Dont worry.. the wonderful Trudeau will keep hiking up the carbon taxes.. cost of groceries will increase every year $1k.. what did people think would happen?
- smartie
- Deal Expert
- Dec 5, 2006
- 15451 posts
- 11081 upvotes
- Markham
In February, you haven't earned enough money to pay taxMooseV2 wrote: ↑ I'm glad to hear it. Canadians pay less for food than 95% of the world.
By Feb 8th every year the average household will have earned enough to pay their entire year’s grocery bill.
https://www.cfa-fca.ca/programs-and-pro ... eedom-day/
- Tommy74
- Deal Fanatic
- Jun 26, 2009
- 5333 posts
- 5193 upvotes
- GTA
You lost me at Dollarama groceries point.tehwegz wrote: ↑ I always watch what I buy. The price of some things can stand the test of time and not increase so much with inflation. I can piece together a super cheap (considering inflation) string of groceries for meal prep from Dollarama, Walmart, and Costco.
People are also hoarding and consuming more - likely out of boredom, and for the dopamine.
Another aspect they don't look at - is maybe, the smart ones at least, are cutting down their spending on the trillion dollar fast food industry. And by eating at home and learning useful life skills such as cooking or even catching/growing their own food, they learn to be more self sufficient and save even more money than they would otherwise have spent on dine-in and take-out, which the quality of is likely going down among all of this, and we are really just being guilted at this point to spend more on such extravagances.
Also - delivery/convenience fees and grocery services.
And people working these essential services obviously deserve to make more. I don't mind that cost somewhat covered by consumers but a lot of the big companies really need to step up.
100's more isn't anything crazy though, however due to the debt ratios in this country this could break some people if they don't start taking more control of their finances and cutting some unnecessary purchases out.
- jpm168
- Sr. Member
- Oct 31, 2019
- 533 posts
- 340 upvotes
That's impossible when you don't finish paying taxes until May!MooseV2 wrote: ↑ I'm glad to hear it. Canadians pay less for food than 95% of the world.
By Feb 8th every year the average household will have earned enough to pay their entire year’s grocery bill.
https://www.cfa-fca.ca/programs-and-pro ... eedom-day/
- Leyogi
- Jr. Member
- Oct 15, 2018
- 146 posts
- 198 upvotes
Dont know why the big drama. Grocery has been going up every single year for the past 34 years. And Im pretty sure that it has always been creeping higher every year for much longer than that.
This is not news except that the media like to come up with stuff like this just to get some clicks.
This is not news except that the media like to come up with stuff like this just to get some clicks.
- Paigne
- Deal Fanatic
- Feb 19, 2017
- 5308 posts
- 3779 upvotes
- Vancouver
Property tax went up by the same percentage in Vancouver so this isn’t exactly shocking. Cost of living will go up even more when the government needs to balance all the covid spending this year (or that will be the excuse).
- smartie
- Deal Expert
- Dec 5, 2006
- 15451 posts
- 11081 upvotes
- Markham
Wait for Toronto's first and creative move to get more money
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