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affordability

Thursday February 2, 2023

February 2, 2023 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Thursday February 2, 2023

Loblaw ends No Name price freeze, vows ‘flat’ pricing ‘wherever possible’

December 8, 2016

Loblaw will not be extending its price freeze on No Name brand products, but vows to keep the yellow label product-pricing flat “wherever possible.”

“The more than three-month price freeze ends January 31 — but we’re not done,” a Loblaw spokesperson said in an email to CTV News Monday. “Looking ahead, we’ll continue to hold those prices flat wherever possible, and switching to No Name will still save the average family thousands this year.”

September 29, 2022

Loblaw announced in mid-October it would freeze prices for 1,500 products sold under its No Name private label. At the time, Loblaw chairman and president Galen G. Weston said the price of an average basket of groceries was up about 10 per cent, something he said was much out of Loblaw’s control.

The Canadian retailer noted Monday, food inflation has continued to increase, costing the company more to stock shelves.

The country’s inflation rate slowed again in December 2022 to 6.3 per cent. However, Statistics Canada said grocery prices were up 11 per cent for the month compared to the year before. This was down a tick from November’s 11.4 per cent.

June 18, 2020

Canada’s grocery chains have been under fire for making steady profits amid high inflation. Third-quarter profits at Loblaw Companies Ltd rose nearly 30 per cent compared to a year ago. Quebec grocery giant Metro Inc. reported a first-quarter profit of about 11 per cent. (CTV) 

Canada’s largest grocer is stepping up its public relations strategy to convince people that it is not to blame for higher prices. But experts say consumers grappling with food affordability are in no mood to hear that message.

On the day that its 11-week price freeze on No Name products ended on Tuesday, Loblaw Cos. Ltd. -0.13% decrease was active on Twitter, responding to people who criticized the company with messages explaining that “food inflation is a global issue” and that price increases were the fault of suppliers who had themselves raised prices. Other Loblaw tweets heralded the price freeze for helping consumers “at a time they needed it most.”

But the defensive tone didn’t sit well with many, and is emblematic of a larger communications challenge facing Canada’s grocery retailers, who have reported significant increases in both sales and profits amid inflation. As the last point of contact in a sprawling supply chain, grocers have been a target for shoppers’ understandable anger over the affordability of basic necessities. (The Globe & Mail) 

Thank you Bryan Trussler for the inspiration for this cartoon.

 

Posted in: Canada Tagged: 2023-03, affordability, Canada, food, Galen Weston, grocery, inflation, no-name, price freeze

Tuesday January 31, 2023

January 31, 2023 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Tuesday January 31, 2023

Parliament resumes

Members of Parliament are making their way back to Ottawa ahead of resuming sitting on Monday, as the city prepares to mark the one-year anniversary of the arrival of “Freedom Convoy” protesters.

September 23, 2022

Liberal and Conservative MPs gathered on Parliament Hill Friday for respective caucus meetings, plotting out their priorities for the 2023 sitting of the House of Commons, which kicks off on Jan. 30.

Among the top issues facing federal politicians this winter are the ongoing cost-of-living crunch and risk of a recession; the state of Canada’s health-care systems and the prospect of massive new funding deals with the provinces; as well as the government’s ability to deliver services amid the recent increased reliance on private consultants.

In widely differing but similarly-rousing speeches to their caucuses, Prime Minister Justin Trudeau and Conservative Leader Pierre Poilievre previewed the lines of attack that are sure to be repeated in question period, both centred around an ongoing debate the two leaders are having over whether Canada is “broken.”

April 8, 2022

“Everything feels broken,” Poilievre said in a speech that questioned what is happening in this country, from the rates of drug overdoses to violent crime.”[Trudeau] gets very angry when I talk about these problems. He thinks that if we don’t speak about them out loud that Canadians will forget that they exist.” 

“You told us that better was always possible, and yet everything is worse, and you blame everyone else,” he said. 

Responding to the claims from his Official Opposition counterpart, Trudeau shot back that Poilievre has “chosen to amplify people’s real anger, and instead of offering them solutions, to offer them more anger.”

June 14, 2022

In his caucus address, Trudeau spoke about how the Liberal “positive vision” for the future “could not be more different than Mr. Poilievre’s version.”

The New Democrats gathered on Parliament Hill last week for their pre-House strategy session. In a statement on Friday, NDP Leader Jagmeet Singh said that his caucus plans to leverage its supply-and-confidence deal with the minority Liberals to “to fight for relief from the crushing cost of living, and rebuilding and protecting public universal free health care.” (CTV) 

 

Posted in: Canada Tagged: 2023-02, affordability, Canada, dental care, fire, gun rights, health care, Jagmeet Singh, Justin Trudeau, Parliament, Pierre Poilievre, Quebec, Yves-François Blanchet

Friday December 9, 2022

December 9, 2022 by Graeme MacKay

December 9, 2022

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Friday December 9, 2022

Inflation is changing how Canadians do Christmas

A new poll by the Angus Reid Institute says more than half of Canadians – 56 per cent – say they will be spending less on Christmas, including presents and entertaining.

September 29, 2022

“When you look at the Atlantic Canadian data, among the highest numbers in the country in Nova Scotia, 57 per cent, say they’re worse off now,” said Dave Korzinski, the research director with Angus Reid Institute.

“In Newfoundland and Labrador, 54 per cent, in New Brunswick 53 per cent, all of those are higher than the national average of 50 per cent,” Korzinski said.

This is the first time the non-profit’s data has shown that more than 50 per cent of Canadians say they are financially worse off this year than this time last year.

“Seeing food banks across the country who are dealing with essentially budgets that are smaller and demand that is larger, which is a really tough recipe when you’re trying to keep your programs going,” Korzinski said.

“When it’s more expensive for your household, imagine buying it for 1,400 households,” said Alex Boyd,  the executive director Greener Village Food Bank in Fredericton.

May 10, 2022

“So, that’s what we do with milk and eggs, those are very seldom donated items,” Boyd said.

Charitable giving is also already down this holiday season, according to the poll.

“To see 37 per cent of Canadians say they’re cutting back on donations, including more than two-in-five who are older, who are 55+ who tend to be the most generous and the most consistent givers, has been really challenging for a lot of charities,” Korzinski said.

“It’s always a concern that we watch for, especially being an organization that relies heavily on November and December giving to make up for the leaner months earlier in the year,” Boyd said.

Eighty-seven per cent of Canadians say they have cut back on spending in some way recently – up from 80 per cent in August. (CTV) 

 

Posted in: Canada, Lifestyle Tagged: 2022-41, affordability, banks, christmas, Christmas tree, cost of living, inflation, Interest rates, mortgages, recession, utilities

Wednesday December 7, 2022

December 7, 2022 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Wednesday December 7, 2022

Get’em while you can: Hamilton Christmas tree hunters scrambling amid shortage

Don’t dally, Christmas tree hunters: some local farms are already out of seasonal evergreens amid a chronic shortage exacerbated by inflation and extreme weather.

December 4, 2021

In the Hamilton area, several tree farms are warning their fields could be bare by next weekend — while a few are already sold out or not opening at all.

Jim Watson is selling only pre-cut evergreens this year — and only on weekends — because a series of “terrible, dry summers” wiped out fields of trees that might otherwise be open for the U-cut crowd.

But that didn’t stop eager tree hunters from flooding his Mount Hope farm the day it opened Nov. 26. “People are really trying to get a tree early,” Watson said, adding he would be surprised if he has enough pre-cut fir, spruce and pine to stay open beyond the Dec. 10 weekend.

Posted in: Canada, Lifestyle Tagged: 2022-41, affordability, car, christmas, Christmas tree, consumer, cost of living, supply chain, tree, xmas

Thursday September 29, 2022

September 29, 2022 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Thursday September 29, 2022

Butter Prices Continue to Soar Due to Ongoing Supply Shortage

December 8, 2016

Butter is our lifeblood, our saving grace. When all else fails, butter is there for us to spread on toast, toss into mashed potatoes, shower on our movie popcorn, or use to whip up a cake. But this essential ingredient is starting to cost a pretty penny, and right before its biggest time to shine, the holiday baking season.

Butter is currently the most expensive it’s been since 2017, with the price of the savory spread up 24.6% over the 12 months ending in August, according to the Wall Street Journal. Furthermore, the US currently has the lowest amount of butter in storage facilities within that same five-year period, so there’s not a solid reserve to rely on.

February 2, 2018

There are several reasons for the price increase, including rising inflation costs. To make matters worse, due to the ongoing effects of the pandemic, labor shortages continue to slow things down at processing facilities across the country while the demand for butter continues to outpace supply in the Midwest, for example, according to the latest USDA dairy market report. 

The report also reveals that butter makers on the West Coast are running reduced production schedules. In the Northeast, retail butter demand is just picking up, yet tight inventories are causing some producers to regulate their supply across existing orders.

In short, you might want to reconsider before making that butter board.  (Thrillist) 

 

Posted in: Canada, International, Lifestyle Tagged: 2022-32, affordability, butter, cost of living, dairy, food, groceries, inflation, supply chain
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