To submit a letter to the editor, e-mail michael.willcock@terracestandard.com. Include your first and last name or initials and a last name, and your city of residence. Letters will be edited.

To submit a letter to the editor, e-mail michael.willcock@terracestandard.com. Include your first and last name or initials and a last name, and your city of residence. Letters will be edited.

Grocery stores post big profits while people pay high prices

People struggle to feed their families as grocery stores reap rewards, says letter writer

In the articles “Majority of Canadians fearful about feeding their families as economic anxiety grows: poll” and “Grocery bills are set to rise again and weather is partly to blame,” there was the reference that inflation had slowed to 6.9 per cent, but food inflation was at 10 per cent, with another seven per cent increase expected for next year.

Some of our wages have barely increased, or not at all, and when you go grocery shopping and find the following: an item that has increased from $ 2.29 to $ 2.99 overnight, another one that had increased from $5.00 to $6.00, and $ 6.49 now, or another one from $ 1.79 to 2.79, how are those increases 7, 8 or even 10 per cent over the whole year? Never mind the so called shrink-flation, where the price stays the same, with less product in the package.

So how does that make you feel, when you have difficulty feeding your family and you hear about records profits posted by companies, including grocery chains?

Martin Holzbauer,

Thornhill, B.C.


 

Do you have a comment about this story? email:
michael.willcock@terracestandard.com

food securityinflationLetter to the Editor

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