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Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Friday, 13-Sep-2024 03:07:36 JST Victoria Stuart 🇨🇦 🏳️‍⚧️

[thread] Food security/greedflation
Food security: https://en.wikipedia.org/wiki/Food_security
* reliable access to suff. quantity of affordable, nutritious food
Greedflation: https://en.wikipedia.org/wiki/Greedflation
* inflation driven by corporate profits
* price gouging, price fixing, windfall gains resulting f. information asymmetry, monopolies, ext. shocks to economy (COVID-19 pandemic)
#inflation #greedflation #shrinkflation #profiteering #capitalism #PriceFixing #AlgorithmicPricing #CorporateGreed #poverty #FoodSecurity
In conversation about 3 months ago from mastodon.social permalink
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  Food security
  
  Food security is the state of having reliable access to a sufficient quantity of affordable, nutritious food. The availability of food for people of any class, gender or religion is another element of food security. Similarly, household food security is considered to exist when all the members of a family, at all times, have access to enough food for an active, healthy life. Individuals who are food-secure do not live in hunger or fear of starvation. Food security includes resilience to future disruptions of food supply. Such a disruption could occur due to various risk factors such as droughts and floods, shipping disruptions, fuel shortages, economic instability, and wars. Food insecurity is the opposite of food security: a state where there is only limited or uncertain availability of suitable food. The concept of food security has evolved over time. The four pillars of food security include availability, access, utilization, and stability. In addition, there are two more dimensions that are important: agency and sustainability. These six dimensions of food security are reinforced in conceptual and legal understandings of the...
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  Greedflation
  
  Greedflation, or sellers' inflation, describes inflation that is driven by corporate profits. This can happen through mechanisms like price gouging, price fixing or windfall gains resulting from information asymmetry, monopoly-like power and external shocks to the economy. The inflation that arose during the pandemic led to more acceptance of the idea of greedflation or 'seller's inflation' beyond the progressive economics fringe. By 2023, sellers' inflation was embraced by some mainstream economists, policymakers, and the business press. Organizations and notable people that have expressed concern about greedflation include the IMF, the European Central Bank, Federal Reserve Bank of Kansas City, FTC, Isabella Weber, and Robert Reich. Some proposed remedies include pursuing anti-trust enforcement, windfall profit taxes, anti-trust enforcement and anti-price gouging measures like price caps. Organizations and notable people who dispute the concept or are less concerned about sellers' inflation include The Economist, CNN, Federal Reserve Bank of San Francisco, Justin Wolfers, Jason Furman, and Noah Smith. History The...
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  Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Friday, 13-Sep-2024 03:07:35 JST Victoria Stuart 🇨🇦 🏳️‍⚧️
  in reply to
  
  Canada Bread fined $50M for role in bread price-fixing scandal
  https://en.wikipedia.org/wiki/Canada_Bread
  * Canada Bread Co. fined $50M
  * pled guilty to criminal price-fixing
  * inflated wholesale price of bread in Canada
  * Competition Bureau of Canada: highest price-fixing fine ever imposed by a Canadian court
  #inflation #greedflation #shrinkflation #profiteering #corporations #PriceFixing #AlgorithmicPricing #CorporateGreed #poverty #FoodSecurity
  #Canada #Sobeys #Loblaw #Loblaws #EmpireCo #CanadaBread
  In conversation about 3 months ago permalink
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  Bill repeated this.
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  Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Friday, 13-Sep-2024 03:07:35 JST Victoria Stuart 🇨🇦 🏳️‍⚧️
  in reply to
  
  People turning to non-profit grocery store as food costs surge
  https://bc.ctvnews.ca/more-people-turning-to-non-profit-grocery-store-as-food-costs-surge-1.7034987
  * Vancouver non-profit Quest grocery store
  * provides healthy/affordable food to those w. low incomes
  * 50% customers make <$24k/yr
  * British Columbians @ poverty line$40k/yr spend 40% income on groceries
  Quest Outreach Society: https://www.questoutreach.org/our-story
  #QuestOutreach
  #greedflation #shrinkflation #profiteering #capitalism #PriceFixing #AlgorithmicPricing #poverty #FoodSecurity
  #Canada #Sobeys #Loblaws
  In conversation about 3 months ago permalink
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    Our Story - Quest Food Exchange
    
    Our Vision Quest Outreach Society exists to disrupt cycles of food insecurity through access to healthy and affordable food. Our Mission By bridging the gap between food banks and grocery stores, Quest provides a shopping experience for those in need based on principles of dignity, access and sustainability. Our Values Dignity: We strive to create… Read More »
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  Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Thursday, 14-Nov-2024 06:52:16 JST Victoria Stuart 🇨🇦 🏳️‍⚧️
  in reply to
  
  /1
  Vancouver food bank feeling demand as Food Banks Canada reports doubling of users
  https://bc.ctvnews.ca/vancouver-food-bank-feeling-demand-as-food-banks-canada-reports-doubling-of-users-1.7090172
  * many food bank users employed
  * unable to keep up w. cost of living
  * 6 y ago Greater Vancouver Food Bank had 6,500 clients
  * today 15,000 people
  * range f. families to seniors on fixed income who can’t keep up w. inflation
  * Hunger Count: 30% food banks running out of food
  #Vancouver #inflation #corporations #profiteering #capitalism #PriceFixing #DemandPricing #poverty #FoodSecurity
  In conversation about 16 days ago permalink
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  Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Thursday, 14-Nov-2024 06:52:16 JST Victoria Stuart 🇨🇦 🏳️‍⚧️
  in reply to
  
  High price of butter has Canadians feeling spread thin, so why are costs up?
  https://www.ctvnews.ca/canada/high-price-of-butter-has-canadians-feeling-spread-thin-so-why-are-costs-up-1.7108568
  Comment/A: 1. Crown corporation Canadian Dairy Commission; 2. corporate lobbying; 3. greedflation. Not rocket science.
  In conversation about 16 days ago permalink
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  Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Thursday, 14-Nov-2024 06:52:18 JST Victoria Stuart 🇨🇦 🏳️‍⚧️
  in reply to
  
  Canada’s agricultural policies short of health/sustainability goals
  https://theconversation.com/canadas-agricultural-policies-are-falling-short-of-health-and-sustainability-goals-239560
  * Ag payments/subsidies not aligned w. government’s dietary guidelines/health goals
  * food/lifestyle disease: diabetes, obesity, coronary heart disease, high cholesterol
  * est. health-care cost of diet-related disease: 2-19% health-care costs in Canada
  * agricultural policy not just about food; influences health/economy/environment
  #Canada #government #agriculture #FoodSecurity #CanadianDairyCommission
  In conversation about 16 days ago permalink
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  Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Thursday, 14-Nov-2024 06:52:18 JST Victoria Stuart 🇨🇦 🏳️‍⚧️
  in reply to
  
  Greedflation: Corporate Profits Are the Driver of High Prices
  https://msmagazine.com/2024/10/17/inflation-high-prices-corporate-profits
  * corporations continue to rake in the profits at consumers’ expense
  #inflation #greedflation #shrinkflation #profiteering #capitalism #PriceFixing #AlgorithmicPricing #CorporateGreed #poverty #FoodSecurity
  In conversation about 16 days ago permalink
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  Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Thursday, 14-Nov-2024 06:52:18 JST Victoria Stuart 🇨🇦 🏳️‍⚧️
  in reply to
  
  [Canada] Monthly food bank use soars to record 2M, driven by cost of groceries/housing
  https://www.ctvnews.ca/canada/monthly-food-bank-use-soars-to-record-2-million-driven-by-cost-of-groceries-housing-1.7089001
  * Food Banks Canada: https://en.wikipedia.org/wiki/Food_Banks_Canada
  * food bank use: 2M+ visits March 2024
  * double monthly visits 5 y ago in March 2019
  * 6% above 2023's record-breaking #
  HungerCount 2024
  https://fbcblobstorage.blob.core.windows.net/wordpress/2024/10/hungercount-2024-en.pdf
  #Canada #inflation #greedflation #shrinkflation #corporations #CorporateGreed #profiteering #capitalism #PriceFixing #AlgorithmicPricing #DemandPricing #poverty #FoodSecurity
  In conversation about 16 days ago permalink
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    Food Banks Canada
    
    Food Banks Canada (formerly the Canadian Association of Food Banks) is a charitable organization representing the food bank community across Canada. Founded in 1987, Food Banks Canada's network is made up of 10 Provincial Associations and over 500 local food banks. The organization's mission is to "enable an effective food bank community that addresses the short term need for food and longer term solutions to reduce hunger in Canada". It operates a number of programs such as the Hunger Awareness Week, HungerCount, a research report on food bank use in Canada, and a Safe Food Handling program for food banks. In 2008, the Canadian Association of Food Banks changed its name to "Food Banks Canada". History The first food bank in Canada opened its doors in 1981 in the city of Edmonton, Alberta. In 1987, the Canadian food bank community created the Canadian Association of Food Banks to represent food banks nationally. There are now over 700 food banks and 3,000 food programs available in Canada. In 2008, HungerCount reported that on average, 704,414 individuals used a food bank per month....
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  Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Thursday, 14-Nov-2024 06:52:19 JST Victoria Stuart 🇨🇦 🏳️‍⚧️
  in reply to
  
  Billions of liters of Canadian milk discarded in last 12 years
  https://www.ctvnews.ca/canada/billions-of-litres-of-canadian-milk-were-discarded-in-the-last-12-years-research-1.7075470
  COMMENT: yet here in Vancouver (B.C., Canada)
  milk $4.78/2L
  No-Name butter $5.88/lb
  eggs $4.17/doz
  Canadian Dairy Commission: https://en.wikipedia.org/wiki/Canadian_Dairy_Commission
  * regulates, inflates dairy prices
  Images source: NoFrills.ca 2024-Oct-16
  #poverty #FoodSecurity #Loblaws #NoFrills #SDM #corporations #billionaires #capitalism #greedflation #shrinkflation #AlgorithmicPricing #inflation #lobbyists #CanadianDairyCommission
  In conversation about 16 days ago permalink
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  1. Billions of liters of Canadian milk discarded in last 12 years https://www.ctvnews.ca/canada/billions-of-litres-of-canadian-milk-were-discarded-in-the-last-12-years-research-1.7075470 COMMENT: yet here in Vancouver (B.C., Canada) milk $4.78/2L No-Name butter $5.88/lb eggs $4.17/doz Canadian Dairy Commission: https://en.wikipedia.org/wiki/Canadian_Dairy_Commission * regulates, inflates dairy prices Images source: NoFrills.ca 2024-Oct-16 #poverty #FoodSecurity #Loblaws #NoFrills #SDM #corporations #billionaires #capitalism #greedflation #shrinkflation #AlgorithmicPricing #inflation #lobbyists #CanadianDairyCommission
    https://files.mastodon.social/media_attachments/files/113/318/173/064/723/268/original/1967a8d0a6b6f3f3.png
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    Canadian Dairy Commission
    
    The Canadian Dairy Commission (CDC) (French: Commission canadienne du lait) is an Ottawa-based Government of Canada Crown Corporation that provides a framework for managing Canada's dairy industry. The CDC's mandate is to "ensure fair compensation to producers and provide consumers with access to a quality product." Canada's dairy industry operates under a supply management system, so among the most important roles of the CDC are to plan national production (including by the allocation of producer milk quotas), to set farmgate milk prices, and to control dairy imports. The CDC also coordinates federal and provincial dairy policies. History The Canadian federal government has been active in supporting the dairy industry since 1890, when the first Dominion Dairy Commissioner was appointed. In 1967 the government of Canada passed the Canadian Dairy Commission Act which established the Canadian Dairy Commission (CDC).: 13 The Canadian Milk Supply Management Committee, whose members include...
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  Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Thursday, 14-Nov-2024 06:52:20 JST Victoria Stuart 🇨🇦 🏳️‍⚧️
  in reply to
  
  Food banks face surge in demand
  https://www.ctvnews.ca/canada/food-banks-continue-to-face-a-surge-in-demand-1.7072793
  * +17% vs last yr: Fredericton NB
  * +60% vs last yr: food bank users, Mississauga ON
  * wages don't keep up w. the cost of rent, food
  * Food Banks Canada: 1.9+M visits to food bank in Canada ea. mo.
  * 1/3 of those visits = children
  https://en.wikipedia.org/wiki/Food_Banks_Canada
  https://foodbankscanada.ca
  #Canada #inflation #greedflation #shrinkflation #profiteering #capitalism #PriceFixing #AlgorithmicPricing #DemandPricing #poverty #FoodSecurity #CorporateGreed
  In conversation about 16 days ago permalink
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    Home - Food Banks Canada
    
    from Cortney Shepherd
    
    Food Banks Canada’s mission is to provide national leadership to relieve hunger today and prevent hunger tomorrow.

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