The Hill Times
When the finance minister tabled her budget on April 16, Canadians were hoping for measures that would address our crisis in food insecurity. In 2023, 8.7 million people—including more than one-in-four children—experienced food insecurity. These are the highest recorded rates since Canada began monitoring.
Shrinkflation—cutting quantities, but not price—and skimpflation—cutting quality of ingredients—are just some corporate tactics used to boost profits. Further scrutiny and legislation are needed. The Office of Consumer Affairs study that underlined the critical lack of competition in the grocery sector was a step in the right direction. But it was significantly hampered by an inability to force corporations to hand over details on pricing, and a lack of requirement for action on recommendations.
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