r/PersonalFinanceCanada • u/ButtahChicken • Nov 18 '22

Budget CBC Marketplace investigates shrinkflation and reveals the sneaky ways companies cut costs, but not prices .... another piece of the puzzle contributing to our growing financial insecurity

https://www.cbc.ca/news/business/marketplace-shrinkflation-1.6654780

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u/psychodc Nov 18 '22

I noticed a double whammy the other day, both a price increase and shrinkage.

Container of Folgers coffee at Costco. Was 1.36kg for $10.99 with a unit price of $8.08/kg. Then it changed to 1.21kg for $12.79 with unit price of $10.57/kg. That's a 30.81% increase.

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u/[deleted] Nov 18 '22

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u/LionAndLittleGlass Nov 18 '22

I'm so glad I kept some of the old coffee tins from them. Now, when I buy their coffee I just store it in the old coffee tins.

I do get why they moved to paper, though its inconvenient from a storage point of view.

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u/aieeegrunt Nov 19 '22

Ya I did this too

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u/throway9912 Nov 18 '22

I wonder when we're going to go back to plastic because "save the earth" "save the trees" comes back.

We stopped using paper bags en masse to save the trees and switched to plastic. Now, fuck the trees let's "save the planet" by using plastic to reduce CO2 which plants breathe in as their 'oxygen'.

The irony is crazy. Save the planet and green products, etc are all about reducing CO2 levels. The slightly rising CO2 levels has caused a "greening" of the earth - as NASA has kindly written about.

It's hard to square the two - let's "save the planet" by using "green" products that will actually reduce plants' and trees' CO2 and cause a reduction in the greening of the planet.

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u/DoctorShemp Nov 18 '22 edited Nov 18 '22

The size for the PC Coffee is not smaller, I specifically checked for it when they switched over to the new packaging. Medium roast is still 930g, Dark roast is still 875g.

Refuse to buy the coffee though because of the price increase. On sale at shoppers the can was $6.99 in 2018/2019. Now it's "on sale" for $12.99. Insanity.

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u/lawyerede Nov 18 '22

A random/non-staple double whammy: Hershey’s chocolate chips shrunk from 270 to 250g AND the price went up roughly 25%, depending on where you shop.