Why food is so pricey - Macleans.ca

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Canadians are paying nearly 10% more for groceries than they did in 2021. There’s no magic cure, but a reduction in our dependency on global trade is crucial. gyasmeen, senior fellow at UBC's School of Public Policy and Global Affairs, explains why:

Gisèle Yasmeen is a senior fellow at the School of Public Policy and Global Affairs, University of British Columbia

Recently, the U.S. Secretary of State Antony J. Blinken boiled down the accelerating inflation of food prices to three C’s: COVID, climate and conflict. Repeated lockdowns, migrant-labour shortages and strained supply chains are being reflected at the register.

The current grocery sticker shock should be motivation enough for governments to explore public-sector procurement from small-scale, regenerative and organic food producers. It’s easiest to start in hospitals and schools, and Canada could take inspiration from other countries: in 2010, Italy passed a bill that requires schools to use local, organic produce to prepare meals from scratch in their own cafeterias.

In 2022, the food supply chain is dominated by a handful of big, transnational players, from farm to fork. For example, three supermarket chains—Loblaw Companies Ltd., Empire Company Ltd. and Metro Inc.—earn 60 cents of every dollar that Canadians spend on groceries. Smaller producers, processors and distributors, as well as wholesalers and retailers, stand to benefit from a shift. Half of Canada’s food businesses are micro-enterprises—mom-and-pop operations.

 

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gyasmeen UBC A great article at a time of food crisis on top of climate crisis. When I think back to the great push for 'free trade' by the likes of Brian Mulroney & George Bush, I cringe, because now we're reliant on foods from other countries that we could have grown ourselves - for less $.

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