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“Loblaws is Out of Control”: Canadians Unite Against Rising Grocery Prices
A group of Canadians fed up with grocery prices has decided to boycott Canadian grocery giant Loblaws during the month of May. The boycott includes all of Loblaws’s subsidiaries, including Real Canadian Superstore, No Frills, T&T, Esso Gas, and Shoppers Drug Mart, as well as their in-house brands such as President’s Choice, No Name, and Joe Fresh.
Not All That Glitters is Gold: How Inflation in Northern Canada Differs from Southern Canada
After reaching 6.8 per cent earlier this year, Canada’s inflation rate has begun to near its goal of 2 per cent once again. Food and gas prices have decreased, and many other commodities aren’t priced as high as they were earlier this year.
How Hamberites Are Dealing With Inflation
As British Columbia grapples with inflation, many of Hamber’s students have been affected, and their daily expenses have increased. Those who receive an allowance, or a part-time job, have found that their money goes less distance each month.
Grocery Rebate to Offset Inflation
In response to the rising food costs, a one-time grocery rebate will be offered to “low- and modest-income Canadians and families”, according to the Government of Canada’s website.
BC Minimum Wage Increases to $16.75
British Columbia has recently announced that the minimum wage will be increased to $16.75 per hour, a 7 per cent increase from the current rate of $15.65 per hour. This change will come into effect on June 1, and is part of the government's ongoing efforts to address the current record-high inflation and income inequality in the province.
Canadian Inflation hits 8.1 per cent, a forty year peak
Canada hit a 40 year peak inflation rate of 8.1 per cent in June, much higher than the 2 per cent target that the Bank of Canada aims for. The last time Canada saw such a spike was in 1982, when inflation hit 10.8 per cent.