All the ways you pay more for less | About That

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Published 2024-01-10
From cereal to produce to meat, many people are feeling the financial strain of food inflation. Meanwhile, Canada’s three biggest grocers – Loblaws, Sobeys and Metro – made $3.6 billion in profit combined in 2022. Andrew Chang breaks down four reasons your grocery bill might be rising – all for less product.

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All Comments (21)
  • I would like to see more government regulation regarding labeling. Corporations have no conscience when charging Canadians.
  • @lynnewilliams542
    I love the way Andrew tells a news story. Very factual and no hype.
  • @HorrorReject
    Why, as a society are we ok with being lied to all the time?
  • @pat7785
    I work in administration for a large Canadian grocer. Every time manufacturers change the weight of a product, they have to let us know so we can change the weight in the system that generates labels, and then print new labels for the products, so I see pretty much every time a product is shrunk. These aren't small companies struggling to survive with higher operating costs, they're huge conglomerates that don't want to budge on their bottom line. My advice to consumers would be to buy from smaller, local brands or the store brands. Consider it an investment in the future quality of your food.
  • @Olive_O_Sudden
    I would love to see Canada have ingredient labeling like in Europe, where the ingredient list has to indicate the percentage of each ingredient in the product. It should also be required for any product--food or personal care items--to state on the packaging if they've recently made a change to the ingredients. There's nothing quite so annoying as buying something you've grown accustomed to only to find that it doesn't taste or smell the same, or that it now contains an ingredient you can't tolerate.
  • I know for a FACT that Loblaws increased the price of one of the products I buy when the manufacturer did not increase their price. And they did it TWICE during the pandemic.
  • @jeremynewell9903
    I need to correct that lady: When inflation goes down prices DO NOT go down.
  • @DavidDavis311
    I do the grocery shopping in my house and shrink and skimpflation is an absolute epidemic. Not only that but they’ve raised the prices. I know of countless items that have reduced quality and raised prices. This needs to be spotlighted endlessly until these greedy companies reverse course. They’ve realized they can get away with it and we’ll still buy it.
  • @cesarreinoso2203
    We live in a world where lying is then norm. A world where the end justifies the means.
  • @CedroCron
    Remember when government actually looked out for its citizens with proper consumer regulations? ... You know what we pay taxes for!
  • @jibrilamvs
    You buy a bag of chips 60% of the bag is air. But the price increases all the same. We are paying more, getting less, and these companies take in record profits while using the word “inflation” to cover what they’re doing. Inflation is not the issue, corporate control and concentration is the issue.
  • @Olive_O_Sudden
    I remember MANY years ago there was a TV commercial in which the character is musing that if his company that sold jars of olives removed just one olive from each jar, it would save the company a significant amount of money. And all I thought was, "Great, so the goal is to rake in the same revenue by cheating every customer just a tiny bit? This is why we can't trust industries to legislate their own practices."
  • @SirMango
    Don't ever forget Loblaws and its bread price-fixing scandal whenever Loblaws denies greedflation
  • @V1sual3y3z
    Häagen-Dazs used to be 500 ml, I'm not sure when it change to 450. I've noticed an increase in layers and extras type flavours, which allows them to fill the tub with cheap mix-ins and less of the expensive cream.
  • @ashwanibhola3766
    I bought what I thought was Breyers Cookies and Cream ice cream but it tasted awful. Then I looked at the label closely and it said "frozen dairy dessert." Turns out they changed the recipe to cut costs and could no longer legally call it "ice cream."
  • @vanschaaykb
    The worst ones ive found for this are the frozen chicken products, wings, nuggets, strips etc. The box is generally labeled at 908g but half that weight is from included sauce packets.
  • @marcmcphee
    Vector has been a scam from the beginning. Its protein comes from the milk. So Frosted Flakes could be considered protein cereal 🤣🤣🤣🤣.
  • @Royan1900
    I saw some comments here pointing the finger at the federal government (Trudeau, of course) for not doing enough to curb corporate greed, and I totally get it and would support it. But what I want to know is, are they also the same people who want less government regulations and "more freedom"?
  • @joept333
    We're getting screwed due to the price increases but also the decrease in ml or grams we're getting. When food inflation states 5-8%, it's more like 30-45%. My kraft peanut butter was 3.89 in 2022, now it's 5.29 at superstore. That's a 30-40% increase in just over a year. I have yet to check the ml I'm getting