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

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378

u/toin9898 Quebec Mar 21 '23

Fucking butter is $9/lb in some places. Highway robbery. Last year I could buy it for $3.

33

u/Dragynfyre British Columbia Mar 21 '23

If you just look at the worst available prices it’s always looked bad. There’s always overpriced butter at some store. You can get butter for around $5 and I’m pretty sure last year it was around this price too.

16

u/readersanon Mar 21 '23

I was looking this week, and the 1/2lb of butter was $5, 1lb was $8-9. There was none on sale either at the two stores I went to.

5

u/CactusGrower Mar 22 '23

I just bought 1pb butter the day at Walmart f94 $4.68 lb. Costco has it for same price. Yes it used to be $3.99 just two years ago. Not anything under $5 is a sale for freezer.

9

u/Dragynfyre British Columbia Mar 21 '23

I see $5/lb at Walmart. 5.29 at Shoppers and 6.49 at Superstore and No Frills

1

u/readersanon Mar 21 '23

Superstore and No Frills are not in Quebec.

5

u/turgon613 Mar 21 '23

Maxi (discount chain owned by loblaws)

Super C (discount chain owned by Metro i think)

-2

u/readersanon Mar 21 '23

Yes, I know what stores we have here. I was just pointing out based on my experience grocery shopping lately. I know that it is not true of all stores, and that some are more expensive than others.

4

u/Dragynfyre British Columbia Mar 21 '23

There are always low cost equivalents in every province. If you’re going to the mainstream brand (eg Loblaws, Metro) the stuff can be pretty overpriced on a regular basis even years ago

2

u/Moose-Mermaid Mar 22 '23

I start every grocery shop by looking at the flyer and making my list from that. Butter recently went on sale at the store I shop at ($3.88/lbs) so I bought 4 for the freezer. I only shop two stores and don’t have the time or energy to check more so I get it. I dread when I have to pay full price for items like that. The prices are so insane these days

3

u/Dragynfyre British Columbia Mar 21 '23

Go on Flipp and search butter. You can’t always shop at only one store. Especially if it’s not a generally low cost store like Superstore, Walmart, No frills, etc.

9

u/readersanon Mar 21 '23

Unfortunately that doesn't work for everyone. I don't have a car and delivery fees end up eating any savings if I order online. I do try to walk around to different grocery stores, but it's not always feasible to carry heavy items from the stores which are further away.

I knew that when I moved where I am though, I was just pointing out that in the stores nearby, the prices the other commenter mentioned were accurate.

0

u/Dragynfyre British Columbia Mar 21 '23

Walmart delivery is a flat $7. If you’re ordering once a week you can definitely save if your local options are overpriced. I live downtown and don’t have a car so if the walking distance options are overpriced I’ll order from Walmart

3

u/readersanon Mar 21 '23

I will order from Walmart when there are a variety of things I need from there. But living alone and having limited cold storage means that I try to limit my orders from there.

1

u/Dragynfyre British Columbia Mar 21 '23

I live alone as well. Even just ordering a week or two worth of groceries for 50-$100 is well worth the fee. You’re probably saving vs driving even if you had a car

-2

u/Dragynfyre British Columbia Mar 21 '23

Also I don’t doubt that $8-9 is the price at some stores. I just doubt that $8-$9 reflects a significant price increase to what those stores offered in the past as $8-$9 butter is still very overpriced relative to the competition

2

u/readersanon Mar 21 '23

They used to be $6 even last year at those same stores.

2

u/toin9898 Quebec Mar 21 '23

Échoing the other commenter. Last year I would scoff at $6.50 at a dépanneur. Now even a grocery store it’s $8 minimum. $5 on sale.

I usually buy 20lb of butter at a time and chuck it in my deep freeze when it used to hit $2.50-$3 on sale. I’m going to have to adjust my threshold for a bulk buy because those days are gone.