DiscoverLocal 514Inflation: Rising Grocery Prices, Food Insecurity and Corporate Profiteering
Inflation: Rising Grocery Prices, Food Insecurity and Corporate Profiteering

Inflation: Rising Grocery Prices, Food Insecurity and Corporate Profiteering

Update: 2022-09-07
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Inflation has reached almost 10%, price increases among many goods – notably gas and food. Both of these commodities are to blame for Canada's cost of living increasing at the fastest rate in decades.


Montrealers are facing the effects, as more are turning towards food banks, but little surplus in stores leave food banks with less products to offer to those in need.


Quebecers will notice another increase on food, as of September 1, with milk facing a 2.5% price hike for the second time this year. This follows an 8% increase last February.


Inflation and the issues with supply chain are major drivers for price increases for many commodities, but corporations are also taking advantage of inflation. Farmers describe fertilizer corporations as “fertilizer cartels" for increasing feed by 220% within a year.


Local 514 speaks to Montrealers to understand how Canada’s food system can move away from international complications by going local and how this is essential in stabilizing our food system and decreasing greenhouse gas emissions.

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Inflation: Rising Grocery Prices, Food Insecurity and Corporate Profiteering

Inflation: Rising Grocery Prices, Food Insecurity and Corporate Profiteering

Local 514