Wholesalers of olive oil in Canada say the global shortage of the oil has been felt in Canada, too, with consumers and restaurants feeling the pinch.
For the last nine months, Emilio Pulla has been checking for weather updates in Italy. The reason Pulla, a Toronto-based wholesaler, is hoping for rain halfway across the world is that the lack of it — and the resulting hit to olive trees, and their buds — has been hurting his business.in Italy basically decimated the flowers,” he told Global News, “It was probably one of the worst ones we’ve seen in a long, long time.
“It’s more than doubled,” he said. “I feel for the restaurants because people start cutting back when it gets expensive.”Is bilingualism a ‘myth’? Poll shows divide between Quebec, other provincesHe said in June last year, the wholesale price for a litre of extra virgin olive oil in the Greater Toronto Area was somewhere between $5 and $7.
Pulla said his suppliers in Italy have told him that rain might be around the corner and over the next six months, he expects prices to drop. The report said wheat – 65 per cent of which is produced in water-scarce environments – will be the most vulnerable of all the major staples.“In Western Canada, multiple climate disasters – including extreme heat, drought and forest fires, followed swiftly by unprecedented rainfall, landslides and flooding – wreaked havoc on food production in 2021: wheat production plummeted by 35 per cent and canola by 14 per cent, 1.
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