Inflation/Gas Prices/Rising Prices in General

[Fuzz]

Originally Posted by Zarley

https://www.investopedia.com/terms/c...eadvantage.asp

Which is easier to do if you don't have to worry about externalities, like pollution.

[Doctorfever]

https://www.ctvnews.ca/business/cana...soar-1.5957713

“Statistics Canada said the price for food bought at stores rose 9.7 per cent compared with a year ago, matching the April increase, as the cost of nearly everything in the grocery cart went higher.”

More hurt for Canadians trying to make ends meet.


So when young families are not able to purchase groceries that they normally would have, they will buy what they can afford to feed themselves. This will be less healthy food, less fresh food, simply cheaper fillers.

Impossible to quantify, but I wonder what health effects this will produce as time passes. More heath problems, bigger strain on health care…

Not good.

[Locke]

The price of Gas went down by my house!

By $0.02/L

How come when gas goes up it jumps by a dime but when it goes down its by a couple pennies?

[iggy_oi]

Originally Posted by Locke

How come when gas goes up it jumps by a dime but when it goes down its by a couple pennies?

I’m gonna go out on a limb and say it’s probably because of something you did in a past life. On behalf of the rest of society, thanks a lot Locke.

[CaptainCrunch]

https://calgary.ctvnews.ca/canadians...gain-1.5956811

The price of milk in Canada is on the rise again with the second increase this year set to take place in September.
The farm gate price will increase by about two cents per litre as of Sept. 1, an increase of 2.5 per cent.
The rate hike was announced Tuesday afternoon by the Canadian Dairy Commission (CDC), a crown corporation that says the sector is dealing with higher prices due to inflation.
"It's certainly bad news for consumers. It's bad news for families with children, since the increase will happen in September when back to school happens and when demand for fluid milk actually goes up," said Sylvain Charlebois, a professor of food policy at Dalhousie University.

[GordonBlue]

Originally Posted by Doctorfever

https://www.ctvnews.ca/business/cana...soar-1.5957713

“Statistics Canada said the price for food bought at stores rose 9.7 per cent compared with a year ago, matching the April increase, as the cost of nearly everything in the grocery cart went higher.”

More hurt for Canadians trying to make ends meet.


So when young families are not able to purchase groceries that they normally would have, they will buy what they can afford to feed themselves. This will be less healthy food, less fresh food, simply cheaper fillers.

Impossible to quantify, but I wonder what health effects this will produce as time passes. More heath problems, bigger strain on health care…

Not good.

well, I am going to the zoo on Friday, and plan on bringing the biggest bag I have.

seriously, though. Our family has already cut out beef, other than the occasional pack of ground beef.
Chicken is becoming rare for us, too.
So mostly pork, tofu or paneer for our dinners.

bacon and sausages are gone from the breakfast menu.

another year, we'll probably be vegetarians.

Was hard enough on a limited income before this. but with utilities, gas, and food going up so much this past year, it's difficult.

[Doctorfever]

Originally Posted by GordonBlue

well, I am going to the zoo on Friday, and plan on bringing the biggest bag I have.

seriously, though. Our family has already cut out beef, other than the occasional pack of ground beef.
Chicken is becoming rare for us, too.
So mostly pork, tofu or paneer for our dinners.

bacon and sausages are gone from the breakfast menu.

another year, we'll probably be vegetarians.

Was hard enough on a limited income before this. but with utilities, gas, and food going up so much this past year, it's difficult.

I know it’s not the easiest thing for some families to do, but if you could buy direct from a rancher you could save a lot of money and get terrific, high quality food. Specifically purchasing a side of beef, split amongst some friends and family. It lasts for a long, long time in a freezer and sort of protects you from price increases for a year or two.

Regardless, it seems that you are still eating healthy though, so good on you for that.

[blankall]

Originally Posted by GordonBlue

well, I am going to the zoo on Friday, and plan on bringing the biggest bag I have.

seriously, though. Our family has already cut out beef, other than the occasional pack of ground beef.
Chicken is becoming rare for us, too.
So mostly pork, tofu or paneer for our dinners.

bacon and sausages are gone from the breakfast menu.

another year, we'll probably be vegetarians.

Was hard enough on a limited income before this. but with utilities, gas, and food going up so much this past year, it's difficult.

Bacon has been ridiculously priced for a while. Paying regular price for it is a suckers game. I typically buy it at 50% off and then freeze a few packs. With beef, I find the trick is to wait until a good roast goes on sale.

I apologize for making this somewhat political, but I wonder if the plight of families like yours is what will finally encourage Canada to break up the dairy cartels and get rid of (or at the very least loosen) the restrictions on dairy production.

I also wonder if we'll see more economic refugees heading south. The combo of decreased rent, a more diversified economy, and $1.99/lbs beef roasts may push a lot of people south.

[Torture]

Originally Posted by blankall

Bacon has been ridiculously priced for a while. Paying regular price for it is a suckers game. I typically buy it at 50% off and then freeze a few packs. With beef, I find the trick is to wait until a good roast goes on sale.

I apologize for making this somewhat political, but I wonder if the plight of families like yours is what will finally encourage Canada to break up the dairy cartels and get rid of (or at the very least loosen) the restrictions on dairy production.

I also wonder if we'll see more economic refugees heading south. The combo of decreased rent, a more diversified economy, and $1.99/lbs beef roasts may push a lot of people south.

The inflation rate in the US is pretty much just as high as it is in Canada.

[fundmark19]

Originally Posted by Torture

The inflation rate in the US is pretty much just as high as it is in Canada.

It is but I bought a box of KD for $0.26 (after conversion) at their grocery store regular price and same box is $0.99 at ours. Definitly some room for savings heading south food wise. Healthcare vs housing costs might skew things though.

[blankall]

Originally Posted by Torture

The inflation rate in the US is pretty much just as high as it is in Canada.

Just google flyers from USA grocery stores. The difference in price is massive, and it's that difference that's going to make the difference between some families having to cut back a little vs. not being able to make it.

Even comparing Walmarts, there's a pretty stark difference:

No-name bread in Canada:

https://www.walmart.ca/en/ip/great-v.../6000196714510

$1.67

In the USA:

https://www.walmart.com/ip/Great-Val...Count/10315355

$0.93 or $1.20 CAD

Cheapest milk:

https://www.walmart.ca/en/ip/dairyla.../6000075688855

$4.29

https://www.walmart.com/ip/Great-Val...fl-oz/10450119

(this is 1.9 litres)

$2.12 = $2.74 CAD = $2.88 CAD / 2 litre

Is there a quality difference?

https://www.walmart.com/ip/Great-Val...ount/421705528

These cage free eggs are $2.56 US.

In Canada, the cheapest cage free eggs are $6.48:

https://www.walmart.ca/en/ip/goldegg.../6000198467272

The regular caged chicken eggs are $3.78:

https://www.walmart.ca/en/ip/great-v.../6000023483943


Rent/housing is another story all together. Even in small towns rent and real estate prices are out of absolute control in Canada. There are cheap places to live all over the USA.

[jeffporfirio]

I wonder if people that live on the border (live in Windsor, work in Detroit) see this benefit? Healthcare and lifestyle in Canada, work and grocery shopping in the US.

[CaptainCrunch]

Originally Posted by GordonBlue

well, I am going to the zoo on Friday, and plan on bringing the biggest bag I have.

seriously, though. Our family has already cut out beef, other than the occasional pack of ground beef.
Chicken is becoming rare for us, too.
So mostly pork, tofu or paneer for our dinners.

bacon and sausages are gone from the breakfast menu.

another year, we'll probably be vegetarians.

Was hard enough on a limited income before this. but with utilities, gas, and food going up so much this past year, it's difficult.

I'm kind of the same, but I can't stand tofu or Paneer. So I do buy pork, and I bite my toungue and buy chicken, but really beef is off the table. I do buy a lot more sea food then I used to, because I can get it on special.


Fast food as a treat meal is completely out now, the prices there are insane.

[CaptainCrunch]

Originally Posted by jeffporfirio

I wonder if people that live on the border (live in Windsor, work in Detroit) see this benefit? Healthcare and lifestyle in Canada, work and grocery shopping in the US.

I don't know, they have to be hyper aware of the Canadian Dollar value and the cost of gas for these trips.

[iggy_oi]

Originally Posted by CaptainCrunch

I don't know, they have to be hyper aware of the Canadian Dollar value and the cost of gas for these trips.

Not to mention a lot of produce and meat can’t be brought across the border.

[blankall]

Originally Posted by jeffporfirio

I wonder if people that live on the border (live in Windsor, work in Detroit) see this benefit? Healthcare and lifestyle in Canada, work and grocery shopping in the US.

Happens a lot with people who live in Surrey, especially the Surrey/White Rock area. The border town south of the GVRD all have specialty dairy stores that cater to Canadians. The border guards will typically let you get buy with $125 or less of goods not problem, even if you are just stepping over to shop.

I was working at my friend's firm in White Rock, and the border was 2-3km out of the way. I'd stop there for groceries and gas. Never had any problems with duties.

[gasman]

Originally Posted by GordonBlue

well, I am going to the zoo on Friday, and plan on bringing the biggest bag I have.

seriously, though. Our family has already cut out beef, other than the occasional pack of ground beef.
Chicken is becoming rare for us, too.
So mostly pork, tofu or paneer for our dinners.

bacon and sausages are gone from the breakfast menu.

another year, we'll probably be vegetarians.

Was hard enough on a limited income before this. but with utilities, gas, and food going up so much this past year, it's difficult.

Serious question, because I love Paneer, but isn't that more expensive than chicken? I've always found it to be too expensive to put in heavy rotation.

Chris

[blankall]

Originally Posted by CaptainCrunch

I don't know, they have to be hyper aware of the Canadian Dollar value and the cost of gas for these trips.

That's why you buy the gas down there.

[PeteMoss]

Originally Posted by blankall

Bacon has been ridiculously priced for a while. Paying regular price for it is a suckers game. I typically buy it at 50% off and then freeze a few packs. With beef, I find the trick is to wait until a good roast goes on sale.

I apologize for making this somewhat political, but I wonder if the plight of families like yours is what will finally encourage Canada to break up the dairy cartels and get rid of (or at the very least loosen) the restrictions on dairy production.

I also wonder if we'll see more economic refugees heading south. The combo of decreased rent, a more diversified economy, and $1.99/lbs beef roasts may push a lot of people south.

Does that happen often? You'd think the up-front costs would too much to move countries for most people unless the quality of life change is huge.

[jeffporfirio]

Originally Posted by CaptainCrunch

I don't know, they have to be hyper aware of the Canadian Dollar value and the cost of gas for these trips.

I guess if you work in the US and get paid USD, but live in Canada, it would be the best of both worlds.