Canadian food inflation nearly double what official data suggests: Study
(www.bnnbloomberg.ca)
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Inflation is really around 10-12% a year. The CPI ‘basket’ the gubmint uses has a cute trick they do. Every time an item in the ‘basket’ gets a little owie on the wallet damage factor, and or rises enough to skew the CPI, they attempt and often find a substitute that’s cheaper. Literally cheaper in the sense of the word, as in, not as good.
I don’t believe steak is in the CPI anymore. They switched that out for mince, or what you North American weirdes call ‘hamburger’.
Also with the price of Canadian cheese- wouldn’t surprise me if it was switched out for I dunno, cottage cheese or frikkin cheestrings or something.
Whenever I stay/work in Canada the price of cheese/milk (esp imported cheese and butter) never ceases to be a source of incredulity bordering on the comical. $80 a kilo? Excuse me? I wanted to buy cheese not a block of copper.
I will never understand how Canada, a nation founded by European immigrants has such awful and expensive bread, cheese, and beer.
Government ruined it.
I posit it was great back around 1850 -1920 or so. Then the dairy mafia happened, price fixing happened (look up the Loblaw supermarket bread price collusion/fixing scandal ), breweries were bought out by faceless macro brew goliaths like Anhauser Busch etc, add a sprinkle of socialism, bam. Shitty bread, cheese and beer, unless you seek out imports from England or France.
Alas. Those are very expensive. There is some decent bread if you are willing to dig, but the macro brands are mostly crap. Decent croissants made with actual butter? Hah! Peasant you will eat sad dough with hydrogenated rapeseed oil and like it!