Why are Toronto grocery stores selling some chicken breasts for nearly $27/kg?
A line of unusually priced chicken breast has left some Toronto shoppers and thousands of internet users scratching their heads.
CTV News Toronto Queen's Park correspondent Siobhan Morris tweeted a photo of the five-pack of poultry, being sold at a Toronto Loblaws for nearly $27/kg, on Tuesday, drawing the attention of many to the high price.
The tweet has amassed nearly 2.3 million views at the time of publication.
Other Twitter users were quick to join in, with some calling it “price-gouging,” and others wondering if inflation was to blame.
Member of Parliament for Don Valley East, Michael Coteau, called the price “unacceptable.”
When reached for a statement on the price, Loblaws confirmed that the chicken was priced correctly, highlighting the product was a club pack of President’s Choice Free From Chicken, a line of poultry considered to be “premium.” The "PC FF" on the label indicates its premium quality, the company said.
“The price per kilo is in line with, if not cheaper than, competitor pricing for similar premium products. Beyond the Free From line, we offer customers a variety of quality poultry at various price points,” the statement reads.
The grocer also pointed to inflation as reasoning for the steep cost.
“In addition to general inflationary pressures, as I’m sure you are aware, the price of poultry has increased over the last year or so across North America for a number of reasons including demand and disease.”
Similar premium chicken breasts were being sold for $28/kg at a Toronto Sobeys this week.
Chicken breasts priced at $28/kg at a Toronto Sobeys can be seen above. (CTV Toronto)
CANADIANS WILL PAY MORE FOR FOOD IN 2023: REPORT
Food prices in Canada will continue to escalate in the new year, with grocery costs forecast to rise up to seven per cent in 2023, the 13th edition of Canada's Food Price Report predicts.
For a family of four, the total annual grocery bill is expected to be $16,288 -- $1,065 more than it was this year, the report said. A single woman in her 40s -- the average age in Canada -- will pay about $3,740 for groceries next year, while a single man the same age would pay $4,168, according to the report and Statistics Canada.
Multiple factors could influence food prices next year, including climate change, geopolitical conflicts, rising energy costs and the lingering effects of COVID-19, the report said.
Amid the ongoing rising cost of groceries, Loblaws reported in November its third-quarter profits rose about 30 per cent year-over-year.
The grocery and drugstore retailer said its net earnings available to common shareholders totalled $556 million for the quarter ending on Oct. 8, up from $431 million in the same quarter last year.
With files from The Canadian Press
CTVNews.ca Top Stories
Donald Trump picks former U.S. congressman Pete Hoekstra as ambassador to Canada
U.S. president-elect Donald Trump has nominated former diplomat and U.S. congressman Pete Hoekstra to be the American ambassador to Canada.
'Ding-dong-ditch' prank leads to kidnapping, assault charges for Que. couple
A Saint-Sauveur couple was back in court on Wednesday, accused of attacking a teenager over a prank.
Border agency detained dozens of 'forced labour' cargo shipments. Now it's being sued
Canada's border agency says it has detained about 50 shipments of cargo over suspicions they were products of forced labour under rules introduced in 2020 — but only one was eventually determined to be in breach of the ban.
Genetic evidence backs up COVID-19 origin theory that pandemic started in seafood market
A group of researchers say they have more evidence to suggest the COVID-19 pandemic started in a Chinese seafood market where it spread from infected animals to humans. The evidence is laid out in a recent study published in Cell, a scientific journal, nearly five years after the first known COVID-19 outbreak.
REVIEW 'Gladiator II' review: Come see a man fight a monkey; stay for Denzel's devious villain
CTV film critic Richard Crouse says the follow-up to Best Picture Oscar winner 'Gladiator' is long on spectacle, but short on soul.
Alabama to use nitrogen gas to execute man for 1994 slaying of hitchhiker
An Alabama prisoner convicted of the 1994 murder of a female hitchhiker is slated Thursday to become the third person executed by nitrogen gas.
This is how much money you need to make to buy a house in Canada's largest cities
The average salary needed to buy a home keeps inching down in cities across Canada, according to the latest data.
Police report reveals assault allegations against Hegseth
A woman told police that she was sexually assaulted in 2017 by Pete Hegseth after he took her phone, blocked the door to a California hotel room and refused to let her leave, according to a detailed investigative report made public late Wednesday.
Canada's space agency invites you to choose the name of its first lunar rover
The Canadian Space Agency (CSA) is inviting Canadians to choose the name of the first Canadian Lunar Rover.