sobeys prices

Sobeys says food prices are rising because of Trump

As if Toronto wasn't too expensive to live in already, it looks like pricier groceries at all the big-name brands are now pretty much inevitable.

The parent company of grocery chain Sobeys, Empire Company Ltd., said yesterday that prices will soon be going up to cover transportation and tariff-related costs, which have risen since Prime Minister Trudeau and President Trump began their trade war months ago.

The announcement follows similar statements from Loblaws, who has previously said they'll be raising prices to offset the retaliatory taxes imposed on U.S. imports like coffee and jam by the Canadian government. Same goes for grocery chain Metro. 

Empire told analysts that increasing minimum wage and freight charges would also impact Sobeys' prices following the release of its first quarter-earning results yesterday: $95.6 million, up from last year's $54 million. 

Until cross-border relations thaw, it looks like Canadians will have to pay more out of pocket for those American goods. Maybe it's time to ditch the big chains and shop local, or hit up some non-North American international grocery stores instead.

Lead photo by

blogTO


Join the conversation Load comments

Latest in Eat & Drink

LCBO and Beer Store hours for the Victoria Day 2021 long weekend in Ontario

Toronto students are getting nostalgic about their food trucks and one in particular

There's a new grocery delivery service in Toronto for everyone who watched Seaspiracy

Two Toronto sisters are making these amazing looking tarts

90-year-old ice cream company permanently closes its Toronto store

Husband and wife transform farm near Toronto into thriving source for local products

The top 35 ice cream and gelato in Toronto by neighbourhood

The history of what was once Toronto's most luxurious restaurant