Nova Scotians Jagmeet Singh Galen Weston Canada county Prince Edward inflation Loblaw Cost of Living Nova Scotians Jagmeet Singh Galen Weston Canada county Prince Edward

Why is your grocery bill so high? Canadians blame price gouging, survey finds

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food prices are higher, despite grocery store CEOs testifying otherwise.The report was done by Dalhousie University’s Agri-Food Lab in partnership with Caddle, and surveyed close to 10,000 Canadians at the end of March.It found that in all provinces except Saskatchewan and Quebec, grocery chain price gouging was chosen as the main reason food prices have risen in Canada recently.

Nova Scotians chose that reason the most, at 51.8 per cent, followed by Newfoundland and Labrador at 38.1 per cent, and Prince Edward Island at 36.1 per cent.Other provinces trailed a little above 30 per cent in choosing that reason, with those in Saskatchewan and Quebec choosing it the least.

Read more: Grocery CEOs defend ‘reasonable profitability’ in grilling over soaring food costs Overall, 30.3 per cent of Canadians believe price gouging is the main reason for higher food prices, while 29.9 per cent believe inflation/monetary policies are to blame.The results come after CEOs from Loblaw, Metro, and Empire Co., which operates Sobeys, Safeway and FreshCo, appeared before a parliamentary committee in March and testified under oath that they were not profiteering off of higher grocery prices.“Reasonable profitability is an important part of operating a successful business,” said Loblaw Companies CEO Galen Weston Jr.

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