>The CEOs of three of Canada’s major grocery chains doubled down on their expectation that food prices will soon rise at their stores.
>Recent cost pressures on the industry, including rising minimum wages in some provinces, increased fuel and transportation costs and an ongoing trade war with the U.S., will soon result in some price inflation, said the chief executives of Metro Inc., Loblaw Companies Ltd. and Empire Co. Tuesday at Scotiabank’s back-to-school conference in Toronto.
>He explained that the cost pressures have been building over the past year, beginning with Ontario’s minimum wage hike from $11.60 to $14 an hour on Jan. 1, followed by rising fuel and transportation costs.
>Then came the Canadian government’s retaliatory tariffs on July 1 on a wide range of American products, including coffee, maple syrup, salad dressing and other foods.
>“Now, we’re having a – what I would describe it as – a tsunami of tariff-related request for cost increases from our supplier partners,” said Michael Medline, Empire’s CEO.
Is there any explanation to why Canada won't submit to the US? Canada barely is creating any jobs and keeps importing hundred and thousands of poos.
Jacob Myers
kek that 89 cents here
Matthew Roberts
I just did the exchange rates an it's actually almost completely double in Canada than NZ, which is further ridiculous since we have a two supermarket duopoly keeping up prices here
Ayden Roberts
>I just did the exchange rates an it's actually almost completely double in Canada than NZ,
Do Canadians not understand that businesses pass on their costs to the consumer? Trudeau better come begging on his knees to Trump for a good trade deal if he actually cares about his people.
NZ milk is overpriced for citizens. Far too much is made into powder and shipped to China
Asher Rivera
you do realise how world prices and free trade work right, we pay world prices for our products and our milk price is the same price that it goes for in China
Julian Hernandez
few enough that they ave been caught in price fixing schemes. some big ones got caught doing it with bread and had to give the country a gift card.
canada has a supply management system and this means with it's immigration techniques prices fucking skyrocket.
canada created only 41k private sector jobs in 12 months, but brought in a million people and didn't increase the food production quotas.
Grayson Williams
What's the problem? Giant novelty Kit-Kats for $6 Canadian, which is like $4 US? Is that abnormal?
>few enough that they ave been caught in price fixing schemes. we only have two so if you have a supermarket franchise fast way to be a millionaire >food production quotas. uh what
Do you have Aldi's? For staple products it's absolutely taking over here in the lower midwest. Mennonites, Asians, white trash, and rich yuppies all hitting up the same store.
James Murphy
There has been no announcement from either aldi or lidl that they will be launching in Canada.
Justin Stewart
You are Poland, aren't you?
Levi Mitchell
fuck mate, you better hope we bust your market open soon
why do you think i am polish? and why do you think threads that serve to benefit canadian are anti canadian? were you schooled in canada?
Justin Nguyen
Are you losers really that poor? Oh no a few dollars...
Get a job and move out of your parents basement, fucking obese poor scum lmao
Gabriel Nguyen
So what's a good Kiwi cheese?
Aaron Powell
the market wont be opened. canadians always irrationally double down.
they would rather hire more cheese detecting dogs than let their people have cheaper cheese from abroad. etc.
they do the opposite of what is best for the consumer, in every case with no exceptions.
Joshua Anderson
no idea what the export brands are, maybe anchor
Carson Butler
>the market wont be opened. canadians always irrationally double down. will American pressure convince them to open or will it entrench it
Brody Davis
they are entrenching. everyone involved thinks their behaviour is reckless amd irrational. read any article about nafta and canada.
Carter Cox
fucks sake
"Decades, in fact—and not just for the United States, whose dairy farmers would like access to the Canadian market, but also their counterparts in New Zealand and elsewhere. New Zealand had opposed Canada’s entry into the Trans-Pacific Partnership over the supply-management system, but Stephen Harper, the Canadian prime minister at the time, agreed to dismantle the system in exchange for TPP membership. When the U.S. withdrew from the TPP, one of Trump’s first decisions as president, Canada withdrew that concession—other countries withdrew their concessions, as well" theatlantic.com/international/archive/2018/06/trump-canada-dairy/562508/
Nolan Mitchell
trudeau is willing to kill what's left of canada's auto sector to protect it's dairy cartels. hundreds of thousands of jobs.
by any chance are most of the Dairy Farmers in Canada frogs
Matthew Lopez
does that even matter at this point. they could be purple and from zenobogenubi prime and they'd still be a fucking cartel wielding inordinate power over the political system.
Gabriel Lewis
lmfao... never change tree hugger meme flag
Mason Powell
yeah but if they are it would be typical because its them who are keeping NZ out from Exporting to the EU and having high agricultural tariffs and also ruined our economy when the UK joined the EEC in 73 because all of a sudden the UK had to have high tariff to protect unproductive frog farmers, so I would not be surprised if their kin are doing the same
Camden Peterson
what the fuck are these prices lmao
Mason Sullivan
Blame Shlomo for that.
Asher Ortiz
you wish you had an uncle like me.
Beef and Beer on tap 24/7. 4 wheelers, snowmobiles, pool table. All I want is for you to have better deals than you currently do. and for you to do good in school and in life.
Ryder Reyes
milk prices in canada is expensive because canada imposes a tariff on dairy imports to protect Canadian dairy farmers
Henry Williams
t thanks..but my uncle is a 70 yo lawyer who lives in a muti million dollar home and I graduated 30 years ago
Jeremiah Rivera
Thing is, we don't need anything from Canada - or China for that matter, other than rare earth metals
Brayden Hughes
Canada could be amazing if they get rid of the lefty cucks in government. Stupid gay little syrup-nogs.
You mean to say that wage increases across the board don't have an impact on the quality of life? Who would have thought that corporations, wealthy individuals and landlords would raise the price of goods after wage hikes. It's almost as if the government only serves the interests of banks and businessmen.
what are you trying to prove? that you are also getting fucked over?
Logan Sanchez
chink
Gabriel Walker
why do you think threads that serve to benefit canadians are anti canadian? and polish?
is the brainswashing that bad?
Nicholas Anderson
what do you think is a reasonable price? cause to me its not that much. Am i supposed to pay 20 cents for a litre of milk?
Hudson Wright
dude start a fucking thread about australian prices
Jason Gomez
Youre the reason this country is shit. Kys you fucking npc.
John Barnes
if i start a thread about aussie prices i would have nothing to complain about, im not in america, our economics are different so theres nothing to complain about, i dont feel like im getting ripped off paying $75 a week in keeping myself fat.
Nicholas Gonzalez
I get a gallon of milk at Aldi's for $1.89. Fuck Canada.
Christian Gonzalez
god bless america
Sebastian Davis
I really want to try a mint flavored Kit Kat bar.
Andrew Cook
They could just go full socialist and exasperate the problem. Put price caps on things Trudeau. I want a rakening!
Henry Miller
start the thread once the American anons see what you pay they'll teach you how to complain and show you why. dont forget to list tobacco prices in the OP
Nathan King
i dont smoke or eat kitkat cause im not a fat fuck
Tyler Foster
you dont seem like an honest actor in the conversation.
Sebastian Anderson
i'll join you when milk, cheese, bread, meats rise above the inflation rate
Leo Price
tell me: how are your posts itt NOT damage control shilling?
Dylan Edwards
damage control in what? the prices here are similar to where u are but people arent butthurt like you.
Juan Gray
Trudeau's government bases all their policy on what they believe to be moral superiority. It must be fucking exhausting for other countries to deal with which is why we're getting raked by everyone. Their environment Minister has been all over the news boasting about how the government plans to eliminate plastic as if that's a priority. But to these idiots, it really is. His whole staff is just out of touch naive people with no experience, not even kidding. Freeland used to be a journalist up until 6 years ago and now she's negotiating NAFTA and clearly fucking it up. DOTR 2019.
Grayson Roberts
A lot of people are just sick and tired of seeing this literal nothingburger thread day after day especially since mods don't do their job