Carbon Tax Grocery Price Blame
Premiers blame carbon tax for grocery inflation while corporate profits hit record highs and Bank of Canada data shows carbon pricing adds under 1% to food costs.
📁 An in effect Other policy from April 2024 · Partially sourced
Updated · Created
"Carbon Tax Drives Grocery Prices"
The federal carbon tax increases costs across the food supply chain — from farmers to truckers to stores — making groceries unaffordable for Ontario families.
"I predicted this carbon tax a long time ago, I said, the gas is going to go up, all the goods are going to go up, your groceries are going up."
— Doug Ford, February 2022
"Corporate Profits, Not Carbon Tax"
The carbon tax adds 0.3% to food costs according to the Bank of Canada. Meanwhile, grocery oligopoly profits hit record highs — Loblaws profit rose 40%+ from 2019 to 2023. Blaming the carbon tax diverts attention from corporate profiteering and provincial inaction on affordability.
- Bank of Canada: carbon pricing contributes 0.15 percentage points to overall inflationsource
- Loblaws parent company Weston posted $2.2B profit in 2023 — up 40%+ since 2019source
- Competition Bureau found grocery sector lacks meaningful competitionsource
- Ontario has no provincial grocery affordability program or price monitoringsource
This section represents editorial interpretation of documented evidence.
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