grocery inflation

Another Loblaw-owned store accused of price gouging after shopper shares sticker shock

Another day, another resident of Ontario reduced to an apoplectic fit over the obscene prices in any given aisle of their local grocery store.

This week, the exorbitant find was not at aSobeys,No Frills,Shoppers Drug Martor even aLoblaws,但在真正的加拿大Superstor的前哨e (which, along with Shoppers, is owned by Loblaw Companies Ltd.).

As insome cases past, the item in question was a cut of meat that was spotted forfarmore than it would have been in months past, priced at a whopping $108 per kilogram.

"This is getting ridiculous. This is more expensive than anywhere in the world by a mile and I've lived in multiple countries," the enraged resident wroteon the Ontario subredditwith a photo of the steak in question, a 358 g piece of beef tenderloin going for $38.45 at a Superstore in Oakville.

"Where are we heading? I cannot fathom how this is sustainable. It's getting out of hand."

$108/kg tenderloin, ffs
byu/Hafezberginontario

The post has sparked hundreds of comments about supply chain issues and supermarkets potentially profiting off of grocery inflation, whichcontinues to spike higherthan the general rate of inflation for goods and services in Canada.

Many agreed that despite other factors — such as the high feed prices that haveled farmers to raise fewer cows— "regular grocery store beef shouldn't be on this level." Of course, commenters were quick to point out the unignorably vast profits thatLoblawsandMetrohave been posting in recent fiscal quarters.

As the public ire about those profitscontinuesand even drives some tosteal basic staples with no remorse, stores areupping their security measures, along with their prices.

Some have just boycotted Loblaws and affiliated stores altogether in protest, and are finding their supermarket bills lower as a result.

Lead photo by

Mike Kalasnik


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