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> People aren't going to pay 8 dollars for a big mac They will. Grocery prices are getting out of hand. I live in a particularly expensive part of Canada, bu
by Mikeb85 5y ago
> People aren't going to pay 8 dollars for a big mac
They will. Grocery prices are getting out of hand. I live in a particularly expensive part of Canada, but a single steak is $25 at the grocery store. A pound of ground beef is around $10-15. A single beet is like $2-3. A pound of potatoes is $5. 12 eggs is $8.
I'm spending $30-40 to cook dinner for two typically. Restaurants seem like pretty decent value right now.
- GhostVII 5y agoThose prices are not at all representative of what an average Canadian will be spending though, so probably not relevant to the overall trend. Very few Canadians are going to be spending $40 on cooking dinner for two people unless you want to have steak every day.
- Mikeb85 5y agoI did say the prices where I live are a tad extreme. However rising grocery prices are near the #1 concern of most Canadians right now. There's literally articles written about it on every single news outlet right now. https://www.cbc.ca/news/canada/calgary/food-costs-calgary-vibrant-communities-bill-1.6230120 https://www.cbc.ca/news/canada/calgary/food-costs-calgary-vi... https://torontosun.com/news/national/cost-of-food-rising-across-canada https://torontosun.com/news/national/cost-of-food-rising-acr...
- ac29 5y agoAre you living way out in the Northwest Territories or something? Those prices would be way high even in the most expensive parts of the US, even at high end grocers, and I am taking into account the CAD->USD conversion.
- Mikeb85 5y agoJust north-ish Alberta. Like I said, expensive even for Canada, but it's pretty easy to see both inflation's effects as well as the effect of supply chain shortages on our food prices as we import most consumer food items.