Food prices | GTAMotorcycle.com

Food prices

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nobbie48

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We're not starving nor are our friends but the lower wage earners have to be tightening their belts. Between price increases and smaller packages (Shrinkflation) they have to be hurting.

Not everyone is equally affected. restaurant prices are up but the places tend to be jammed.

It's not just Canada. My sister in New Zealand wrote that tomatoes were $20 NZ / Kilo = about $8.00 CDN / pound.

I was watching a video about life in Ukraine and one episode was on food prices. You could go out for a substantial breakfast for about $2.00 and a table full of typical groceries was $20.00. Then one considers the wage to meal cost ratio. However that would raise the subject of "What the market will bear" pricing world wide.
 
Restaurant prices are up around 30% based on my anecdata. I think it will get worse as staff shortages and supply chain costs ramp up.

On the groceries side, produce and dairy/poultry seems stable. Red meat is going through the roof, as is anything processed.
 
Groceries are getting really pricey, only feeding two but its enough. Restaurant prices are way up , and quality and service is down. Everything that grows , ships, retails is having a hard time
 
crankcall said:
Groceries are getting really pricey, only feeding two but its enough. Restaurant prices are way up , and quality and service is down. Everything that grows , ships, retails is having a hard time
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One of the few times I ate out (2 weeks ago) and I ended up with food poisoning. Quality is definitely down. Steer clear of the burger at Mill Street Brewery.


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I remember listening to the radio a week or so ago…(approx from memory).

Beef +30%
Eggs +10%
Chicken +20%
Baby formula +60%

It’s about to get a whole lot worse before it gets better (if ever).
 
mimico_polak said:
I remember listening to the radio a week or so ago…(approx from memory).

Beef +30%
Eggs +10%
Chicken +20%
Baby formula +60%

It’s about to get a whole lot worse before it gets better (if ever).
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The baby formula really pisses me off. Most other things people can alter their behaviour to deal with (raising chickens fixes two out of four in your list, nobody needs beef so they can have it less often etc). Some families need formula and there are very few reasonable alternatives.
 
The Chicken and Dairy thing really ticks me off. Chicken and Dairy farmers make out like bandits -- controlled prices, no market forces, no competitive pressure -- they just roll along making subsidized milk, chicken & eggs that cost Ontario consumers 50% more than it should.
 
Admittedly my wife and I eat out a lot but tend to be pretty frugal about it - just ordering dinner straight up and not getting roped into the $5 soda's etc.

With some creativity there are days I start to wonder if it's actually cheaper to eat out vs buying groceries and cooking an equivalent (nice) meal at home.

I use last nights Chicken Chicken dinner that I made, for example. Groceries to make a nice chicken pasta dish with a ceasar salad and garlic bread was close to $40 freakin dollars. For about the same money you can go out to East Side Marios, have unlimited soup or salad, fresh warm out of the oven bread, and a good sized pasta main. And get served. With no big cleanup or the hassle of even cooking the damn meal.

Or a place like Teddy's restaurant in Oshawa (a local standby favorite) my wife and I ate out for just over $30 last week.

I know as Canadians a lot of our food is imported for many months of the year, but right now we're in the peak of Ontario's harvest season and many of the same foods that come from Mexico or California in the winter should be plentiful and cheaper as a result. But nope, same price...or more.
 
I’m just surprised I spent $20 yesterday on a burger, fries and a pop. Probably the most expensive I’ve had in my life.

Don’t get me wrong, it was delicious!

The 4 steaks we typically get at Costco have gone up approx $20/pack (filet mignon and delicious) as a simple example.

Everyone is going to milk (no pun intended) as long as they can…until they can’t.
 
Was this kinda expected with the "carbon" tax on fuel? Either way it doesn't help that extra cost is going to just be passed down eventually. I think it will get worse because I am sure most of the food prices or buying is done a year in advance. Also are chickens, cows, etc less scarce then they were a year ago? I know that is oversimplifying but hey if everyone jumps on this increased price bandwagon consumers will just have to take the brunt of that pain, and the wheels just keep spinning.. and so on..
 
Relax said:
Maybe I got lucky, but prime rib was on sale for $6.99/lb this weekend, which is the usual pre-pandemic sale price at Loblaws whenever there's a holiday weekend.
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Shopping the sales is definitely essential. I’ve noticed with Meat in particular it seems to go in boom and bust cycles - stuff will be priced insanely and almost rotting on the shelves in the meat isles, only to go on sale for very attractive prices a few weeks later.

The supply chain never stops, so when it slows down on the consumer end (think $25 strip loin steaks) and the supply chain backs up because fewer people were interested in paying those crazy prices, all of a sudden a few weeks later there’s a big sale on Striploins steaks for $10 each - gotta keep the supply chain moving one way or the other. The basis of supply and demand.
 
Basically I never buy anything at the grocery store unless it is on sale, or I really do need it, because that is closer to the real value. There is alot of price manipulation going on there, I am surprised it is allowed. You will see items marked as sale price, then insert "store name" price, then regular price. All with different tags etc to confuse consumers.
 
I bought a small freezer (about 5 cu ft) for hubby and I...whenever I see sales on, I'll stock up...I usually have about 3 months worth of meat in it at any given time and I'm usually able to make it from one sale to the next...we also bought two plastic shelving units at Canadian Tire (on sale) and I also stocked up on canned goods (soup, pasta, tuna, peanut butter etc) and again, have a good few months worth at all time...if something is on sale, I stock up and just make sure we FIFO it when we use it...weekly shopping is stuff like milk, eggs, fruits, veggies etc...
 
Freezers can be a blessing or a curse. Far too many freezers are a place where sale meat goes to die. Forget it in there for a few years and it is expensive garbage (or expensive mediocre stewing beef if you are cheaper).

We only had the drawer freezer in our new house which was an issue if I made a batch of sauce. We bought a chest freezer and I intentionally bought the smallest one I could. It was still running more full than I would like and then friends moved far away and we got whatever was in their freezer. Jammed now. I try to have one or two mystery meals every week to get it down. Donated food is unlabeled so it might be pork or it night be beef, we'll find out after its defrosted.
 
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My tracking method is showing inflation for food, gas etc and it sucks 😝
 
george__ said:
My tracking method is showing inflation for food, gas etc and it sucks 😝
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Just listen to the BOC/Stats can/feds. Inflation is under control. Do not look carefully at the basket. Trust them that it accurately represents what you spend. /s

Basket weights of the Consumer Price Index, Canada, provinces, Whitehorse, Yellowknife and Iqaluit

Basket weights of major components, gasoline, and selected special aggregates of the Consumer Price Index (CPI) basket, for Canada, provinces, Whitehorse, Yellowknife and Iqaluit, last 5 years of the CPI basket. Includes price period of the weights as either weights at basket link month prices...
www150.statcan.gc.ca www150.statcan.gc.ca
 
Mad Mike said:
The Chicken and Dairy thing really ticks me off. Chicken and Dairy farmers make out like bandits -- controlled prices, no market forces, no competitive pressure -- they just roll along making subsidized milk, chicken & eggs that cost Ontario consumers 50% more than it should.
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Not for too long….border is opening up, I hope the US cheese I buy is still a good deal. Even imported cheese from the US was cheaper. Failing that Costco is the best deal.
 
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