Trudeau's inflation leading to rise in food thefts at supermarkets

A new report has revealed that the cost of shoplifting for some supermarkets is as high as $200 thousand per year on average.

ADVERTISEMENT
Image
Nico Johnson Montreal QC
ADVERTISEMENT

There has been a rise in food thefts in Canada as a result of the harsh inflation that has set in across the country, according to Blacklock's Reporter.

A new report has revealed that the cost of shoplifting for some supermarkets is as high as $200,000 per year, on average.

The report stated that a "growing phenomenon related to increasing food insecurity caused by high inflation is theft from grocery stores which is anticipated to intensify in 2022."

"Grocers are anecdotally reporting an uptick in theft, particularly of items such as meat, cheese, over-the-counter medication and energy drinks," the report added.

"Unexpected loss to theft could be as high as $3,000 to $4,000 each week in some Canadian grocery stores."

Recently, government officials warned that food will continue to get more expensive in Justin Trudeau's Canada as the government attempts to deal with the 4.4 percent inflation.

In November, Statistics Canada updated their figures, saying that there will be double-digit food cost hikes at grocery stores across Canada.

This worrying update comes only 6 months after the Bank of Canada said that Canadians shouldn't be worried about inflation.

Inflation is continuing to rise under Justin Trudeau's government, with the Bank of Canada governor suggesting that inflation will run close to 5 percent.

This is a steeper forecast than what the Bank of Canada was originally expecting, although the governor has not yet suggested that interest rates will be raised to counteract the inflation.

ADVERTISEMENT
ADVERTISEMENT

Join and support independent free thinkers!

We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.

Support The Post Millennial

Remind me next month

To find out what personal data we collect and how we use it, please visit our Privacy Policy

ADVERTISEMENT
ADVERTISEMENT
By signing up you agree to our Terms of Use and Privacy Policy
ADVERTISEMENT
© 2024 The Post Millennial, Privacy Policy | Do Not Sell My Personal Information