Sky-high food prices were one of many negative impacts that Canadians felt during the pandemic-plagued year of 2021. And a new report suggests that problem is only going to get worse next year. Canada’s Food Price Report, released today, is an annual report published by Dalhousie University and the University of Guelph that’s the most comprehensive
Leaders of top supermarket chains met with the White House this week to address food shortages head-on. Ongoing issues with the supply chain are also causing delays, price increases, purchase limits, and more problems for grocery shoppers nationwide. At the same time, reports indicate that the supply of two grocery staples is dwindling. Here’s everything you need to know about the
Loblaw Cos. eked out grocery sales gains for its fiscal 2021 third quarter in cycling robust retail sales growth a year earlier. Meanwhile, at the bottom line, Canada’s largest food and drug retailer topped the high end of analysts’ consensus earnings-per-share estimate. For the 16-week quarter ended Oct. 9, overall retail sales rose 2.4% to
As barbecue season simmers down, the cost of meat is still rising across Canada, even as year-to-year demand wanes. Several culprits are pushing the upward-trending price tags, food distribution professor Sylvain Charlebois told Global News on Friday. “We’re slowly reaching the spook zone at the meat counter,” said Charlebois, who also serves as the director
Canadians are facing what one expert is calling a “COVID tax” on their grocery bills, with the cost of meat, dairy, seafood, baked goods and more exhibiting signs of inflation. According to Statistics Canada’s consumer price index for July, the cost of food grew 1.7 per cent in July from the same time last year,
Financial results from Canada’s three largest grocers offered a clearer picture of how the COVID-19 crisis has shaped shopping habits – and how consumers respond when public health restrictions are eased. Metro Inc.’s third-quarter earnings, reported Wednesday, largely mirrored results posted earlier this summer by competitors Empire Co. Ltd. and Loblaw Companies Ltd. At the
Code and Guide for the Responsible Advertising of Food and Beverage Products to Children applies to all advertising, on any media, adding to existing standards and meeting or exceeding Health Canada recommendations TORONTO, June 28, 2021 /CNW/ – A coalition of Canada’s largest advertisers, food and beverage brands and manufacturers and restaurants today announced their commitment to a comprehensive Code and
Walmart Canada said it will remove the Terrace store’s traditional belted checkout lanes in favour of self-checkout counters starting late summer. The Walmart in Terrace will soon be ditching its cashiers and replacing them with self-serve checkouts.Walmart Canada said it will remove the store’s traditional belted checkout lanes in favour of 100 per cent self-checkout
Canada’s largest retail trade body has joined calls for a grocery code of conduct – although its demands have sparked concerns at one leading manufacturers’ association. The Retail Council of Canada, which represents Canada’s largest food retailers, yesterday (27 May) announced it wants a “food industry code of practice” and unveiled a new “alliance” of
A new report from the Brookfield Institute for Innovation + Entrepreneurship (BII+E) explores trends in Canada’s food retail industry, from the rapid rise of e-commerce to changing consumer habits — and their implications for grocery employers and essential workers in Ontario. TORONTO, May 26, 2021 /CNW/ – The pandemic has driven significant change in Canada’s $95.5 billion food retail sector, accelerating tech