Here We Go, Kraft Heinz Tells Grocery Retailers Price Increases Beginning 2022 Will Be Up to 20 Percent
51 Replies to “Temporarily Unexpected”
Certain Kerry should be told to stop it.
Typical rich socialist.
Hey, not to worry, there are plenty of other companies, large and small that supply the stuff.
Maybe this will help to bring Kraft Heinz down to earth and make them even.
Happy New Year!
Your dollar is now worth 80 cents.
PM Martin said an 80 cent dollar was GOOD for Canada……
Davis an 80 cent dollar would be ok but we are well beyond that, a buck 32 today. That is $1.32. It has been much worse, as high as 50/52 cents on the dollar. One year the US company that I ran in Canada managed to make 75k on 20 million dollars of investment. Of course we were pumping equipment into Canada for future business. By the way, inflation is also well over 20%, right now.
A dollar is worth circa 25 “dollars,” a shrinkage of %2500, in my lifetime. A roll of 1964 quarters (10 real dollars) would by an LG C1 today.
kfg. I used to follow the currency and it’s relationship to businesses not so much anymore. If one looks at the time period from 1970 to 1980 the Canadian dollar lost 100% of it’s purchasing power in ten years. I am sure there are many who will dispute that, but 20 bucks in 1970 required damn near 100 bucks to purchase many items in 1980. Housing and mortgages were particularly bad with rates being over 20% and house prices, well they were 5 times higher in many areas than in 1970.
Today the house I am living in went from 365k in just 16 months to slightly over half a million, and I live in a town of about 8,400 people. The market is not driving these prices.
So’s your savings, pension. Now purchase power/value down 20%.
Or another way to think of it 1/5th of your working life has go to zero. If you worked 40 years, 8 years just got vaporized.
Slavery by other way. Instead of just saying you work for free for 8 years, they just take the money, so to speak.
And, now it’s gone..
Absolutely true, that’s exactly why I said f*ck it this year and decided on early retirement. These corrupt Liberal assholes taking half my pay and locking me up in $2000 hotel rooms + 14 day quarantines each time I returned to Canada from working abroad – Piss on them all, an American has taken over my position and Canada is needlessly OUT allot of Income tax dollars. Not that Trudeau cares, but no crying to his voting base as life gets more Third World.
Bring on the high interest rates, a conservative lifestyle has had me watch my life savings barley keep up with inflation, maybe the savers get ahead for a change. As far as food inflation – STOP eating the overpriced garbage and needless comfort foods, stick to a better and healthier diet and your money will go allot further………….
With inflation comes interest rate hikes.
It’s like the 1980’s all over again.
That’s only if they try to get it under control so as not to completely destroy the economy. If they don’t raise rates inflation keeps going up until all money is worthless. I’m betting on that.
the people who have suffered for the last two years under the liberals tax and spend policy are the same people that will re-elect him next election. As the Germans say “too soon old, too late smart”
obviously those dammed illegal migrants want more money.
I think this has already happened. My husband came home from shopping and mentioned that the pudding cups we usually buy, which have always been 5 for $4, are now 4 for $4. I’m not that great at math, but I think that’s a 20% increase right there. And it didn’t happen incrementally, with little increases over a year or two. A 20% increase overnight is *galloping* inflation.
And I had a piece of salt pork in the freezer, bought when I stocked up about 18 months ago. (I use it for making baked beans.) It was $16/kg when I bought it, and today it’s $18/kg. Everything is going up, even stuff you know isn’t that popular.
Wanda…
I just saw the same thing at WalMart here is South Calgary…
A Tray of breakfast sausages that 2 months ago cost $10.00 CAD, is now $11.79 CAD.
~ 18%..increase..?
Just teasing you a little, Wanda. 5 for $4 is $0.80 each, 4 for $4 is $1 each, so a price of $0.80 each increased by $0.20 is a 25% increase.
I did say that I’m not that good at math! But thanks, you make the point that things are even WORSE than I’d thought!
But…but…but… The best and brightest economists on the planet tell me inflation is only a couple of percent!
Canadians don’t care. High prices, higher taxes, against pretty words, pretty prime minister, choices were made.
A few months ago a package of drumsticks was about $6/lb. Now it’s about $10/lb. That’s more than a %20 increase already. It’s only going up from there.
Hoping others are not seeing that sort of an increase in their neck of the woods.
Once the economy starts clicking Canadians are going to discover they lost 30% of their wages in the last few years. Then you are going to see inflation.
The left has the answer…..destroy capitalism…..
Food costs nothing when there is no food to buy, communist style….
The Babylon Bee are already on top of this breaking news:
I smell wage and price controls coming. Just like Daddy did.
They was a particularly stupid interlude in our history. The government created inflation with policies they know would create inflation. They then try to stop it by decree instead of changing policy. Pierre couldn’t stop the tides anymore than King Canute.
Supply of products restricted while supply of money almost unlimited. It doesn’t take an economist to figure out what is going to happen. To paraphrase finance minister, Che Guevera, after fcuking over the Cuban economy, “I thought he asked me if I was a Communist not an economist.”
Although there were no layoffs or salary roll backs in the public sector during the Wu Flu economic recession, expect the public sector unions to demand wage and benefit increases greater than the rate of inflation. Also expect the Dear Leader and the socialist premiers to quietly give in to the demands.
Just a small point to quibble about. Lots of civil servants were sent home to sit on their brains and collected their regular pay. Insult to injury..
Well many civil servants have always been sitting on their brains.
Civil servants have brains?
I believe they already got increases even though the majority of them have been home for the last two years, and let’s not forget all M.P.’s get an automatic raise on April 1st each year. The raise coincides with the automatic accelerator tax on beer and alcohol. Isn’t liberalism fun
Well at least we know Dear Leader doesn’t have to worry about the price of food, at his Harrington Lake resort.
But raising the minimum wage to $15/hr, or whatever it is now, won’t contribute to inflation, now will it?
The leftist media will blame this on everything BUT the incompetent and malevolent politicians that they loyally defend… and the sheeple will believe them.
We are being governed by economic morons, who keep spending money we haven’t got and this will cause inflation to keep going up. Leave it to the liberals to continue with their failed policies, it’s all they are capable of.
Someone should track every percent increase in inflation with Biden’s plummet in the polls.
Can we all agree that Bidinh’s inflation-tax on the middle class is the most punishing … regressive … tax imaginable!? And when the economy shrinks as spending comes to a halt … and the stock market tanks? … look out below!
Let’s go Brandon. Go … a long way from power and the Presidency
Kraft/Heinz sells nothing I need. H
I thought Robert Mugabe was dead. It appears he is consulting the “Biden” administration.
Why not? Didn’t Bobbo vote early and vote often for the Democrats in the election last year?
I think there’s also an automatic carbon tax increase January 1?
Good thing food prices aren’t related to those nasty hydrocarbons like NG (urea, Nitrogen fertilizers) and Diesel, oh wait……… If that isn’t enough there’s always monetization of lunatic spending resulting in inflation, a de facto tax on all basic consumption and hitting the lowest income earners hardest. Free stuff apparently buys votes but it isn’t free for very long.
There’s only inflation when you are dumb enough to buy “food” wrapped in it’s own marketing material.
If you can’t drive to the place your food grows or grow it yourself you are doing it wrong.
My bananas aren’t doing that well here in Alberta.
There is only inflation when you breathe. We grow our own food (3 seasons anyway). Price of seeds has gone up. Price of electricity is up. Price of gas and diesel is higher. Inflation is everywhere right now. I think it will crash back down to 2% fairly soon (economy not as strong as many think) but you can’t get back to lower prices without negative inflation and that would take a major recession.
Here comes Justinflation, good and hard. Thanks globalists.
We would not use a bottle of ketchup in a year, a small one at that. If my wife did not like it on a couple of junk food items we would never use it. There are many of their products that I can and have lived without. Yes, you can thank government for all inflation and not just Canada, the US is the biggest driver of inflation.
There ARE other brands of ketchup. We don’t use a lot, but always want some on hand. I haven’t bought Heinz in years. Hunts is vey good, and they have a version that does not contain high fructose corn syrup.
Harder and faster please. The sooner this crashes the better.
Certain Kerry should be told to stop it.
Typical rich socialist.
Hey, not to worry, there are plenty of other companies, large and small that supply the stuff.
Maybe this will help to bring Kraft Heinz down to earth and make them even.
“The source suggests that General Mills’ pricing for some items could increase as much as 20 percent.”
https://www.foodandwine.com/news/cereal-prices-increasing-general-mills-cheerios
Happy New Year!
Your dollar is now worth 80 cents.
PM Martin said an 80 cent dollar was GOOD for Canada……
Davis an 80 cent dollar would be ok but we are well beyond that, a buck 32 today. That is $1.32. It has been much worse, as high as 50/52 cents on the dollar. One year the US company that I ran in Canada managed to make 75k on 20 million dollars of investment. Of course we were pumping equipment into Canada for future business. By the way, inflation is also well over 20%, right now.
A dollar is worth circa 25 “dollars,” a shrinkage of %2500, in my lifetime. A roll of 1964 quarters (10 real dollars) would by an LG C1 today.
kfg. I used to follow the currency and it’s relationship to businesses not so much anymore. If one looks at the time period from 1970 to 1980 the Canadian dollar lost 100% of it’s purchasing power in ten years. I am sure there are many who will dispute that, but 20 bucks in 1970 required damn near 100 bucks to purchase many items in 1980. Housing and mortgages were particularly bad with rates being over 20% and house prices, well they were 5 times higher in many areas than in 1970.
Today the house I am living in went from 365k in just 16 months to slightly over half a million, and I live in a town of about 8,400 people. The market is not driving these prices.
So’s your savings, pension. Now purchase power/value down 20%.
Or another way to think of it 1/5th of your working life has go to zero. If you worked 40 years, 8 years just got vaporized.
Slavery by other way. Instead of just saying you work for free for 8 years, they just take the money, so to speak.
And, now it’s gone..
Absolutely true, that’s exactly why I said f*ck it this year and decided on early retirement. These corrupt Liberal assholes taking half my pay and locking me up in $2000 hotel rooms + 14 day quarantines each time I returned to Canada from working abroad – Piss on them all, an American has taken over my position and Canada is needlessly OUT allot of Income tax dollars. Not that Trudeau cares, but no crying to his voting base as life gets more Third World.
Bring on the high interest rates, a conservative lifestyle has had me watch my life savings barley keep up with inflation, maybe the savers get ahead for a change. As far as food inflation – STOP eating the overpriced garbage and needless comfort foods, stick to a better and healthier diet and your money will go allot further………….
With inflation comes interest rate hikes.
It’s like the 1980’s all over again.
That’s only if they try to get it under control so as not to completely destroy the economy. If they don’t raise rates inflation keeps going up until all money is worthless. I’m betting on that.
the people who have suffered for the last two years under the liberals tax and spend policy are the same people that will re-elect him next election. As the Germans say “too soon old, too late smart”
obviously those dammed illegal migrants want more money.
I think this has already happened. My husband came home from shopping and mentioned that the pudding cups we usually buy, which have always been 5 for $4, are now 4 for $4. I’m not that great at math, but I think that’s a 20% increase right there. And it didn’t happen incrementally, with little increases over a year or two. A 20% increase overnight is *galloping* inflation.
And I had a piece of salt pork in the freezer, bought when I stocked up about 18 months ago. (I use it for making baked beans.) It was $16/kg when I bought it, and today it’s $18/kg. Everything is going up, even stuff you know isn’t that popular.
Wanda…
I just saw the same thing at WalMart here is South Calgary…
A Tray of breakfast sausages that 2 months ago cost $10.00 CAD, is now $11.79 CAD.
~ 18%..increase..?
Just teasing you a little, Wanda. 5 for $4 is $0.80 each, 4 for $4 is $1 each, so a price of $0.80 each increased by $0.20 is a 25% increase.
I did say that I’m not that good at math! But thanks, you make the point that things are even WORSE than I’d thought!
But…but…but… The best and brightest economists on the planet tell me inflation is only a couple of percent!
Canadians don’t care. High prices, higher taxes, against pretty words, pretty prime minister, choices were made.
A few months ago a package of drumsticks was about $6/lb. Now it’s about $10/lb. That’s more than a %20 increase already. It’s only going up from there.
Hoping others are not seeing that sort of an increase in their neck of the woods.
Once the economy starts clicking Canadians are going to discover they lost 30% of their wages in the last few years. Then you are going to see inflation.
The left has the answer…..destroy capitalism…..
Food costs nothing when there is no food to buy, communist style….
The Babylon Bee are already on top of this breaking news:
https://babylonbee.com/news/in-retrospect-man-attending-communist-themed-party-should-have-realized-there-wouldnt-be-any-food
I smell wage and price controls coming. Just like Daddy did.
They was a particularly stupid interlude in our history. The government created inflation with policies they know would create inflation. They then try to stop it by decree instead of changing policy. Pierre couldn’t stop the tides anymore than King Canute.
Supply of products restricted while supply of money almost unlimited. It doesn’t take an economist to figure out what is going to happen. To paraphrase finance minister, Che Guevera, after fcuking over the Cuban economy, “I thought he asked me if I was a Communist not an economist.”
Although there were no layoffs or salary roll backs in the public sector during the Wu Flu economic recession, expect the public sector unions to demand wage and benefit increases greater than the rate of inflation. Also expect the Dear Leader and the socialist premiers to quietly give in to the demands.
Just a small point to quibble about. Lots of civil servants were sent home to sit on their brains and collected their regular pay. Insult to injury..
Here, let me pour a gallon of acid on that wound:
2021: https://www.ottawalife.com/article/mp-annual-pay-raise-raises-backlash
2020: https://tnc.news/2020/03/21/parliamentarians-to-receive-combined-2-5-million-pay-raise-during-covid-19-crisis/
Well many civil servants have always been sitting on their brains.
Civil servants have brains?
I believe they already got increases even though the majority of them have been home for the last two years, and let’s not forget all M.P.’s get an automatic raise on April 1st each year. The raise coincides with the automatic accelerator tax on beer and alcohol. Isn’t liberalism fun
Well at least we know Dear Leader doesn’t have to worry about the price of food, at his Harrington Lake resort.
But raising the minimum wage to $15/hr, or whatever it is now, won’t contribute to inflation, now will it?
The leftist media will blame this on everything BUT the incompetent and malevolent politicians that they loyally defend… and the sheeple will believe them.
We are being governed by economic morons, who keep spending money we haven’t got and this will cause inflation to keep going up. Leave it to the liberals to continue with their failed policies, it’s all they are capable of.
Someone should track every percent increase in inflation with Biden’s plummet in the polls.
Can we all agree that Bidinh’s inflation-tax on the middle class is the most punishing … regressive … tax imaginable!? And when the economy shrinks as spending comes to a halt … and the stock market tanks? … look out below!
Let’s go Brandon. Go … a long way from power and the Presidency
Kraft/Heinz sells nothing I need. H
I thought Robert Mugabe was dead. It appears he is consulting the “Biden” administration.
Why not? Didn’t Bobbo vote early and vote often for the Democrats in the election last year?
I think there’s also an automatic carbon tax increase January 1?
Good thing food prices aren’t related to those nasty hydrocarbons like NG (urea, Nitrogen fertilizers) and Diesel, oh wait……… If that isn’t enough there’s always monetization of lunatic spending resulting in inflation, a de facto tax on all basic consumption and hitting the lowest income earners hardest. Free stuff apparently buys votes but it isn’t free for very long.
There’s only inflation when you are dumb enough to buy “food” wrapped in it’s own marketing material.
If you can’t drive to the place your food grows or grow it yourself you are doing it wrong.
My bananas aren’t doing that well here in Alberta.
There is only inflation when you breathe. We grow our own food (3 seasons anyway). Price of seeds has gone up. Price of electricity is up. Price of gas and diesel is higher. Inflation is everywhere right now. I think it will crash back down to 2% fairly soon (economy not as strong as many think) but you can’t get back to lower prices without negative inflation and that would take a major recession.
I think you need a little lesson in economics. Its free and here: https://saylordotorg.github.io/text_international-economics-theory-and-policy/s05-01-the-reasons-for-trade.html
Here comes Justinflation, good and hard. Thanks globalists.
We would not use a bottle of ketchup in a year, a small one at that. If my wife did not like it on a couple of junk food items we would never use it. There are many of their products that I can and have lived without. Yes, you can thank government for all inflation and not just Canada, the US is the biggest driver of inflation.
There ARE other brands of ketchup. We don’t use a lot, but always want some on hand. I haven’t bought Heinz in years. Hunts is vey good, and they have a version that does not contain high fructose corn syrup.
Harder and faster please. The sooner this crashes the better.
Canadians aren’t hungry or cold enough.
Yet…..