Latest / Shane Hewitt and The Nightshift
SHIFTHEADS: Strip Out the Excuses and Canada Still Wins the Worst Food Inflation Race
Food inflation Canada recorded in January was 7.3%, and yes, the GST holiday makes that number look worse than it is. So Dr. Charlebois did the math without it. Remove the holiday effect entirely and you land at 6.2 to 6.3 percent, which is still enough to put Canada at the top of the G7. You were hoping the holiday was the whole story. It wasn't.
Skimflation is harder to spot than shrinkflation because the package doesn't change. The grandson of the man who invented Reese's Peanut Butter Cups says Hershey swapped ingredients for cheaper alternatives, and the taste changed. Cocoa fell from…
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