Higher grocery prices are expected to hit stores across the 705 as a blackout on price increases over the holiday season comes to an end.
The lifting of price freezes comes amid growing consumer outrage over soaring grocery prices and increased scrutiny of grocers’ record profits. But grocery chains argue that they are simply passing along higher supplier prices as the cost of stocking their shelves increases.
While many grocery chains implemented a “price freeze” over the holidays and throughout January, they say operations costs make maintaining the policy unsustainable. It’s unclear just how much food prices in Canada could rise in the coming months due to factors such as inflation, the war in Ukraine, flooding in California and the strength of the Canadian dollar.
The Almaguin Adult Learning Centre will be hosting a 6-part online FOOD & FINANCE course beginning Thursday, February 23rd to help you make the most of your budget.
To sign up: https://form.jotform.com/AlmaguinAdultLearning/FoodAndFinanceSignUp
Here are some tips from various experts that can help you save on your grocery bill.
STORE YOUR PRODUCE PROPERLY
Reusable silicone bags and glass jars can help extend the life of your fruits and vegetables. Certain fruits like berries should be kept in airtight containers — microorganisms in the air can speed up the decomposition process. Silicone bags are reusable, and they come in a variety of shapes and sizes to fit an array of produce. They’re dishwasher, freezer, microwave, stovetop, and oven-safe up to 425 degrees Fahrenheit — allowing you to store and cook your produce in the same bags.
MEAL PLANNING
Setting a weekly menu can save money by taking the guess work out of shopping. If you’re going to the grocery store armed with a shopping list, you’re less likely to purchase items that will go to waste. It’s up to you to avoid impulse purchases! Start by taking inventory of your pantry, refrigerator and freezer to see what ingredients you already have and which may expire soon. Incorporate those items into your meal plan and only buy what you need for the week.
COUPONS
The days of clipping coupons are long gone but many stores now have apps with digital coupons. When you’re at the register, have the clerk scan the barcode and save yourself a few bucks. Check the apps often because daily sales can pop up.
COMPARISON SHOP
Comparing stores and brands is essential to saving money. Sometimes a sale isn’t really a sale. One store may say an item is on sale when in fact that same item regularly has a lower price at another chain. Also, don’t assume that a sale item placed at the end of an aisle is the best deal. Those products are often paid placement, so go to the section where those products belong to see if there’s a better bargain.
BUY IN BULK
This can be tricky because the prices in bulk stores can convince you to purchase things you don’t really need. There are 3 things to keep in mind:
- How many people live in your household? Buying in bulk doesn’t always make sense if you live alone or in a two-person household, but it’s often very beneficial for larger families.
- Do you have space to store extra items? If you don’t have storage space, finding a place to put extra groceries and household essentials can be challenging.
- What items do you plan on buying in bulk? It’s best to buy pantry staples, wellness products and household essentials in bulk. If you buy perishable items like fresh produce and dairy products, they may expire before you have the chance to eat them.
