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montreal inflation

Why TF Are Grocery Prices So High In Canada? The Government Is Investigating

Food prices in Canada are rising faster than just about any other sector and the federal government is shopping around for explanations and solutions. The Competition Bureau announced on Monday that it's launching an investigation into the most effective ways to boost grocery store competition and combat unsavoury food costs.

"Competition benefits all Canadians. Greater competition means lower prices, more choice and better convenience for consumers," the bureau wrote in a release.

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It Has Become Scarily Expensive To Feed A Montreal Household, A Report Shows

Canadian groceries are getting more expensive, and Quebecers are feeling the pinch. But just how hard is it to feed a family right now, and how much are Quebecers spending on their food? A recent study released by a community organization, the Montreal Diet Dispensary, has a few answers.

The study relies on a tool called the Nutritious and Affordable Food Basket (NAFB), which estimates the minimum price of a diet that meets basic nutritional guidelines. Since last year, the NAFB grew in cost by 15%.

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Quebec Inflation Rates Soared In May — Here's What Has Increased In Cost The Most

Much like the rest of the world, Canada is seeing some of its highest inflation rates in over three decades.

Well, Quebec's economy is seeing similar patterns as the province's inflation rate increased to a dismal 7.5% in May 2022, which is an unwelcome jump from April's 6.8%.

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Quebec Inflation Rates Soared In April & Here's What Has Increased In Cost The Most

It comes as no surprise that the cost of living has increased exponentially over the last few years, particularly in tie to Canada's rise in inflation, which is the highest it's been in over three decades.

Well, Quebec is seeing similar patterns as the province's inflation rate increased to a whopping 6.8% in April 2022.

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