450 – What's Making Our Groceries So Expensive? w/ The Food Professor

Food is now more expensive than ever. But why? Is it just corporate greed? Or something greater? Enter Dr. Sylvain Charlebois, a.k.a. The Food Professor. Sylvain is a Professor and the Scientific Director at Agri-Food Analytics Lab at Dalhousie University. On today's podcast, he demystifies grocery pricing and explains why food inflation is a global phenomenon. Sylvain also discusses the part the Canadian government plays in grocery price hikes and gives lots of valuable practical advice for how to save on your food bill. You won't want to miss this episode. Tune in!

Time Stamps

7:42 What is Shrinkflation?

8:31 Groceries vs. Snacks + Tax

11:55 Is the Grocery Rebate Even Helpful?

19:01 Which Days of The Week To Shop Groceries?

23:30 Shop at 3 Different Stores

27:04 Consumers Can Make a Difference

Links:

The Food Professor Podcast: https://the-food-professor.simplecast.com/episodes

Dr. Sylvain Charlebois on Twitter: https://twitter.com/FoodProfessor

CRA: GST/HST on food products: https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/gi-020/bars.html

Toronto Sun article on the food rebate: https://torontosun.com/opinion/columnists/charlebois-government-handouts-are-mirage-for-needy

Episode #254 – What Costco Can Teach Us About Making Financial Decisions: https://www.youtube.com/watch?v=-8PlGkHjHG8

Episode #270 – The Fable of the 20 Dollar Bill - https://www.youtube.com/watch?v=5fYfAvSnNps