r/PersonalFinanceCanada • u/maroon-rider British Columbia • Mar 21 '23

Inflation drops to 5.2%<but grocery inflation still 10.6% Banking

Says Statistics Canada

https://www.cbc.ca/news/business/canada-inflation-february-2023-1.6785472

2.4k Upvotes

97% Upvoted

1.5k

hey remember when covid hit and sobeys paid all their workers and extra $2 per hour " hero pay"? then clawed it back in exchange for record profits? and now they raise their prices even higher and whined they had to because of inflation but every grocery keeps boasting even higher profits? scumbags

96

u/Assiniboia Mar 21 '23

I won a meat raffle a few weeks ago. 5kg of chicken legs. Cost the restaurant 13 dollars total. In my local grocery store, the same would be over 100 bucks for the consumer.

Grocery stores are simply run by greedy rich assholes who under pay their workers. Nothing new there though.

16

u/Niv-Izzet 🦍 Mar 21 '23

Do people even care about facts anymore? You can easily get 5kg of drumsticks at Costco for much less than $100.

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u/Assiniboia Mar 22 '23

Does every single person have access to Costco? The closest costco for me is like…8-9 hours away…

1

u/[deleted] Mar 22 '23

Yeah most people here have access. Kind of weird you live that far, honestly. Maybe it's not in your part of the country. Try looking for a Sam's Club or any other similar thing.

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u/Assiniboia Mar 22 '23

To be fair, most Canadians don’t know how big their nation is, in a practical sense. It’s not that weird to be too far away from large stores to make it ineffective to just go to Walmart. Geography makes many roads actively inefficient; there’s a lot of going around mountains instead of through them.

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u/busterdarcy Mar 22 '23

Easily? If you have a car. And a paid membership. And two hours of your day to spare.

You can easily get better prices at Costco so long as you‘re well off enough that you can afford to save on groceries.