Skip to main content

The Challenge of 2023 ~ What price freeze?


I am not going to even pretend to be an expert in the field of finance and economics. In fact Economics 101 at Western a few years back was nearly the death of my brain cells. I passed but oh what a struggle it was.

So here is what I do understand. According to Metro every year there is a period of price freeze between grocery stores and suppliers from Thanksgiving to the end of January. It isn't a rule. But it is what happens.

Unless you are living on what you grew, preserved or hunted, you will have had the opportunity to find the prices in stores climbing weekly. At least it feels that way. Stats Canada says grocery prices have climbed 10.8% since last year, the fastest pace in over 40 years.

Loblaws decided to do something to help the consumer out by instituting a price freeze between the stores and customers . . . but only on no name products. I'm all right with that. I use a lot of no name products already and don't mind being steered to more packages wrapped in yellow . . . as long as the price is cheap. Apparently no name products actually have a higher profit margin than name brand products so Loblaws doesn't mind price freezing one little bit.

Many Canadians and politicians are calling this a PR stunt in response to accusations of profiteering.

If I have any of this wrong or someone would like to improve upon my explanations, I would love to hear from you.

Comments

Popular posts from this blog

Week #2 Challenge: Paper . . . and I mean ALL of your paper.

Annual Organization Challenge Week #2   How did you make out with last week's challenge? Did you find your work table? Here's this week's challenge: Your challenge this week is to  S.P.A.C.E.  your paper - - and I mean ALL of your paper: cardstock, patterned paper, specialty papers, and all those SCRAPS! SORT:  Bring all of your paper to one area. Sort it all into piles: KEEP, SELL, DONATE, TRASH PURGE:  bag up, and assign a price to paper bundles that you want to SELL at a garage sale or online, and put the bags in the garage sale box. Throw out the TRASH pile. Bag up the DONATE pile and immediately make arrangements for drop-off/pick-up or put  in your vehicle. ASSIGN:  separate your paper into categories that make sense to you. For example, you may want to divide it simply into cardstock and patterned paper. If you have a huge stash of paper, you may want to divide it by colour, theme, or manufacturer. **Another way to...

Journal Prompt ~ One Thing You Do Really Well

Name one thing you do really well . . .  One thing I do really well is solve crossword puzzles.

Craft Space Get Organized Challenge #2

How did you make out with last week's challenge? Did you find your work table?  Quite a few people sent me photos over Facebook and email.  Thanks so much!  I'm glad you are all enjoying playing along. Here's this week's challenge: Week #2 Challenge: Paper . . . and I mean ALL of your paper . Your challenge this week is to S.P.A.C.E. your paper - - and I mean ALL of your paper: cardstock, patterned paper, specialty papers, and all those SCRAPS! Step 1 SORT: Bring all of your paper to one area. Sort it all into piles: KEEP, SELL, DONATE, TRASH. Step 2 PURGE: bag up, and assign a price to paper bundles that you want to SELL at a garage sale or online, and put the bags in the garage sale box. Throw out the TRASH pile. Bag up the DONATE pile and immediately make arrangements for drop-off/pick-up or put in your vehicle. Step 3 ASSIGN: separate your paper into categories that make sense to you. For example, you may want to divide it simply into cardstock and patterned ...