food costs

Grocery code of conduct won’t drive prices higher: Empire chief executive

Grocery code of conduct won’t drive prices higher: Empire chief executive

Apr 2, 2024 | 7:53am
Empire Co. Ltd. chief executive Michael Medline said there’s no evidence that a grocery code of conduct would raise food prices for Canadians. The president and CEO of Sobeys’ parent company made the comment at a Retail Council of Canada event in Toronto on Tuesday. Medline said he wouldn’t support a grocery code of conduct […]
Wendy’s says it has no plans to raise prices during the busiest times at its restaurants

Wendy’s says it has no plans to raise prices during the busiest times at its restaurants

Feb 28, 2024 | 10:20am
Wendy’s says that it has no plans to increase prices during the busiest times at its restaurants. The burger chain clarified its stance on how it will approach pricing after various media reports said that the company was looking to test having the prices of its menu items fluctuate throughout the day based on demand. “Wendy’s […]

Canada’s annual inflation rate slowed in December but grocery prices stayed high

Jan 17, 2023 | 8:35am

Canada’s annual inflation rate slowed to 6.3 per cent in December as the cost of groceries remained high and gas prices cooled. In its latest consumer price index released Tuesday, Statistics Canada said Canadians continued to see prices soar at grocery stores last month compared with a year ago. Grocery prices were up 11 per cent on […]

Canadians Cutting Back on Spending As Inflation Continues

Aug 22, 2022 | 6:52am

Four in five Canadians say they are cutting back on spending, delaying big purchases, driving less, and putting fewer dollars away for a “rainy day” . According to the poll released today by Angus Reid more than half of Canadians says they couldn’t handle a sudden expense of more than one thousand dollars. 38 percent […]

SaskWheat questions a report on rising cost of wheat pushing up food prices in 2021

Dec 15, 2020 | 2:37pm

The three prairie wheat commissions are challenging a report on the impact of wheat prices on food costs. The latest Canada Food Price Report for 2021 sees bakery products rising 3.5 to 5.5 percent. A quote in an article pointed to the rising cost of wheat. But the 3 prairie wheat commissions question the data. […]