January 17, 2016

As Canadian dollar plunges, here's how to cope with rising produce prices

Rebel Staff

As the loonie falls, prices at Canadian supermarkets have skyrocketed.

How can Canadians deal with these rising prices?  I have... a theory...


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commented 2016-01-18 16:51:52 -0500
The poor kids have been waiting to go to Disneyland, but I don’t think we can afford to go now. I feel like a sucker paying 1.43 for the US dollar.
commented 2016-01-18 16:50:39 -0500
Edward and Dan, no it is not funny the predictable inflationary cycle we are in, but sometimes humour is the only way to get the message across.
commented 2016-01-18 16:49:36 -0500
Has anyone noticed like me the effects on crap made in China? At Christmas I noticed that the usual made on China “Paw Patrol” or “Transformers” or what have you crap being sold at outrageous prices. A Paw Patrol lookout tower my mom paid $60.00 for the kids. I have a hard time even at good prices paying for Chinese plastic shite, but now it is at premium. I also noticed it on apple repricing that is now going on. There were good deals leading up to Christmas obviously on stores trying to get out their old inventory, but I see at Costco prices for Ipads, shuffles, and nanos have gone up.
commented 2016-01-18 12:49:10 -0500

I say compared to Venezuela that sells 1L of gasoline for $.03 USD or about $.12 USD per gallon, we are ALL being robbed by the Oil Industry Cartel, including every State on earth, as we are ALL addicted to this substance beyond the combined addiction to all other substances on earth! No government would survive without the oil industry tax extortion they rake in on the backs of the hard working taxpayers.

Consider the daily tax revenue in the USA that consumes 375,000,000 million gallons of gasoline each day. That’s $300,000,000 USD per day the US government taxes. I’d say, a tidy sum. Government loses most with low oil prices.
commented 2016-01-18 11:54:31 -0500
Fraser McBurney commented 1 hour ago

I see they’re coming down again in Spruce Grove, .68.9 for regular, and even a bit cheaper in the city.

commented 2016-01-18 11:47:15 -0500
Peter Netterville commented 1 hour ago

They must have to laugh pretty hard in Chili to keep from getting depressed.

1 Chilean Peso equals
0.0014 US Dollar
commented 2016-01-18 10:43:49 -0500
commented 2016-01-18 10:33:24 -0500
@dan Mancuso – Since a person cannot control the value of the dollar, not the cost of living, all we can do is laugh at it or become depressed. I would rather laugh at it so as to avoid depression. :-)
commented 2016-01-18 02:04:02 -0500
There may be a world wide financial crisis looming but our dollar started to fall the day that our new leader, Butt Groper Trudeau, was elected.
commented 2016-01-18 00:28:00 -0500
Personally I don’t care what the Canadian dollar does. Buy local and export, win-win on both ends. Vacation where the Canadian dollar is strong. It’s all a manipulation that enables the manipulators to make a lot of money on speculation. So, I will be billing in US dollars and signing contracts in US funds. Time to go back to basics. Grow your own vegetables and bottle for the winter. Remember that $3.20 celery will actually cost $3.62 with HST and if you factor in your income tax you need to earn over $5 to purchase that celery. Remember not to buy any seeds from Monsanto that is GMO garbage.
commented 2016-01-17 16:16:14 -0500
There is an issue with the rise in cost of groceries that no one seems to address. Little more than a year back the price of groceries went up to cover the cost of rising fuel costs (getting the food to the market). Now when the fuel costs have dropped lower than they have been in a long time we are told the food prices are going up because of our weak dollar being tied to the weak oil industry but shouldn’t the cost of getting food to the market now be lower? It seems they use both sides of the same issue to raise but never lower food costs and to make matters worse no one seems to acknowledge this contradiction and attempt to explain it.
commented 2016-01-17 14:38:43 -0500
I fail to see any humour in people on fixed incomes not being able to buy food…nutritious or otherwise. I also fail to see the humour in entering the period of hyper-inflation that occurs immediately prior to the predicted global financial collapse…
commented 2016-01-17 13:00:44 -0500
A better idea would be to dump the loonie before it becomes completely worthless, and start using the greenback. There is nothing that says the loonie has to stop at 0.59. It could go negative unlimited.