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Tag Archives: food prices
Global Warming and Food Prices
Global Warming and Food Prices Given that we all have to eat and that there are some concerning environmental developments out there, here’s an interesting question: has global warming led to higher or lower food prices (thus far)? As always the answer depends on how this affects the balance between supply and demand. Assuming that […]
Fruit and vegetable prices hike overall food costs
Fruit and vegetable prices hike overall food costs Food prices increased by four per cent over the year, largely because of the low loonie According to the Consumer Price Index, food prices increased by four per cent from Jan. 2015 to Jan. 2016. But fresh vegetables alone were up 18 per cent. For example, just […]
Canada Rebels against the Destruction of the Loonie
Canada Rebels against the Destruction of the Loonie The fear of “currency instability.” “Without precedent” — that’s what National Bank of Canada’s chief economist Stéfane Marion called the wholesale destruction of the loonie. The Canadian dollar is in a tailspin. Rarely has it tumbled so far so fast, and against so many currencies. The steepness of […]
Canadians Panic As Food Prices Soar On Collapsing Currency
Canadians Panic As Food Prices Soar On Collapsing Currency It was just yesterday when we documented the continuing slide in the loonie, which is suffering mightily in the face of oil’s inexorable decline. As regular readers are no doubt acutely aware, Canada is struggling through a dramatic economic adjustment, especially in Alberta, the heart of the country’s oil patch. […]
Cheap Canadian dollar making fruits and vegetables much more expensive
Cheap Canadian dollar making fruits and vegetables much more expensive Produce prices went up by around 10 per cent last year and may double inflation in 2016 Food and vegetable prices are on the rise because virtually all the produce consumed in Canada comes from the U.S. where the greenback is soaring. (Lynne Sladky/Associated Press) […]
Halifax Superstores warn of short supply due to weather, dollar
Halifax Superstores warn of short supply due to weather, dollar Grocery bills likely will go up in 2016 due to vegetable and fruit prices, a report says Inflation is modest at 1 per cent, but the price of fresh vegetables was up 11.5 per cent in September, Statistics Canada said. (Jacques Boissinot/Canadian) Some grocery stores […]
Tackle Climate Change Now or Risk 720 Million People Sliding Back Into Extreme Poverty Report Warns
Tackle Climate Change Now or Risk 720 Million People Sliding Back Into Extreme Poverty Report Warns An astonishing 720 million people around the world face falling back into extreme poverty unless we tackle climate change immediately, warns a new report by the Overseas Development Institute (ODI). The report was published as world leaders gathered this week at […]
Beef prices could rise further with cruel Alberta drought
Beef prices could rise further with cruel Alberta drought Herd size expected to shrink as ranchers sell off cattle The price of steaks, roasts and other cuts of beef are expected to increase further because of drought conditions in Alberta, although it may take about a year before consumers feel the full bite on store shelves. Retail […]
“Surviving Or Thriving” – What Canada’s 40% Surge In Meat Prices Means For Ordinary People
“Surviving Or Thriving” – What Canada’s 40% Surge In Meat Prices Means For Ordinary People On the surface, Canada’s 1.2% inflation is negligible, and barely enough to keep up with the pace of overall growth as mandated by a few central bank academics. It is below the surface, however, that one finds the scary truth. […]
Low Inflation? The Price Of Ground Beef Has Risen 17 Percent Over The Past Year
Low Inflation? The Price Of Ground Beef Has Risen 17 Percent Over The Past Year. Thanks to the Federal Reserve, the middle class is slowly being suffocated by rising food prices. Every single dollar in your wallet is constantly becoming less valuable because of the inflation the Fed systematically creates. And if you try to […]
