Food Prices Expenced to Rise In 2016 in Canada.
By SilverKing
@SilverKing (1003)
Canada
January 3, 2016 12:27pm CST
This is primarily due to the falling value of the Canadian dollar and increased import costs. An average increase of 4 percent overall. Mainly in meat: fruits : vegetables. These are basic food groups and with a large increase in their costs it will make it harder for people struggling to afford them.
I believe the government should step in and offer a rebate to people earning under a certain level of income. Say under 30,000 net income could qualify.
What are your thoughts on this?
5 people like this
5 responses
@scheng1 (24650)
• Singapore
4 Jan 16
It is hard to implement.
It will take a lot of administrative work to find out who earns more or less, and you have to think about the number of children in a housework too.
I think a better way is to give gas rebate.
If they get a rebate of $4 for every $100 charged to gas, they will have saved 4%.
This money can go towards food expenses.
@pgiblett (6524)
• Canada
3 Jan 16
Our fruit and vegetable prices have risen during the Christmas break. If the government provided a rebate it would have to be based on total family income.
@AnneEJ (4917)
• Dollard-Des-Ormeaux, Quebec
3 Jan 16
You are right, prices certainly have gone up. I try to take advantage of all the specials, and maximize the points offered by Loblaws stores. Last year I was able to get over $200 in free groceries from their points and have quite a few built up again.
