South Forest Hill Residences. Canadian real estate and Canadian prices are both rising. As early as the end of last year, major media in Toronto interviewed organizations about soaring prices, and spending on basic foods for low-income families, including baked goods, dairy products and meat, rose faster than the consumer price index.Please Visit: South Forest Hill Residences to Get Your VVIP Registration Today!
It has even been pointed out that global food prices have risen by the highest rate in nearly two decades. A big reason is that oil prices have soared in the face of war in the Middle East, raising global food freight prices and eventually raising prices. AbdolrezaAbbassian, a senior economist at the United Nations Food Organization, said oil prices affected the food market in many ways, from production to transportation costs. Especially when the price of oil is high, operators have more incentive to produce alternative fuels, such as corn to produce ethanol.
The growing demand for alternative fuels has also spurred rising food prices. From this point of view, the rise in prices is a long-term trend.
The reporter analyzed RBC’s questionnaire on this issue and interviewed some commercial stores in Toronto about their views on this issue.
The Royal Bank of Canada recently released its latest consumer survey for the first quarter, which surveyed 3000 people nationwide in an attempt to measure their feelings about the current state of the economy and their personal spending plans. The results of the July 20, 2011 report showed that Canadians were very worried about soaring prices. Canadians are tightening their belts in the face of rising food and gasoline prices, according to the survey. Based on the bank’s quarterly consumer survey, the bank said that more than half of Canadians start to compare prices when choosing food, that is, people tend to buy comparative food; in addition, nearly half of the people are consciously controlling their aimless shopping, such as buying items that they are not in urgent need. At the same time, nearly 30% of people will reduce the number of car trips and mileage, or choose to take public transport and walk instead of private cars, in order to reduce the cost of gasoline. The Royal Bank of Canada Consumer Outlook Index questionnaire is the second in a series of surveys by the bank to determine rising gasoline and food prices in order to change consumers’ buying behaviour.
How do people in the Chinese community feel about the rapid rise in prices? With this question, the reporter interviewed several small business people in Toronto and asked them about the impact of soaring prices on them.
Pacific place [the latest news price Huxing comment] the owner of Love Spicy Hot Pot told reporters that prices are really astonishingly high. According to them, the price of Spicy Hot Pot raw materials sold in their stores is almost the same as the purchase price after removing the unusable materials. They sigh that after the rapid rise in prices, their business is becoming more and more difficult, and now they can only maintain the break-even line. Another interviewee expressed the same sentiment. People from Shark’s Fin City said that they also clearly felt that prices were rising and seemed to feel that the prices of raw materials were rising every time they went to restock.
In addition to asking businessmen, the reporter also called Datong Hua and Fengtai supermarket. The reporter thought that as the last pass to sell goods to consumers, the supermarket was the most qualified place to evaluate the food price trend, but the interview was not very smooth. The former marketing department’s phone has been in the state of leaving a message, the reporter left a message but no one replied, and the latter said there was no time for an interview on the grounds that dutymanager was in a meeting. The reporter also called the local Chinese restaurant, and the staff of the Chinese cattle and Sheep Restaurant left the reporter’s phone number, but did not reply to the question. The staff of Chuanwei Hall and O.M.G refused the interview on the spot on the grounds that the boss was absent and there was no time for an interview.