Oil shocks are about to hit your grocery bill
Disruptions in the Strait of Hormuz are pushing oil higher and driving up food prices across Canada
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Author: Sylvain Charlebois
Why a ceasefire won’t lower your grocery bill
A drop in the price of oil won’t undo the damage. Add in the federal industrial carbon tax hike and affordable food may be a thing of the past
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Government grocery stores sound good until you do the math
Thin margins make big savings impossible. When government steps in, costs don’t fall. They shift to taxpayers
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Some Canadians are going into debt just to eat
Some Canadians are relying on debt to manage the high cost of food
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Ottawa cut the carbon tax but your grocery bill didn’t get the memo
The consumer carbon tax is gone but industrial carbon pricing isn’t. You pay it every time you buy food
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