Expert: Halloween candy, 'shrinkflation' and spending habits
Halloween is a celebration often spent indulging in chocolate, binging scary movies, and perhaps investing time and money into creative costume designs. But for many Canadians, the preparations can be costly. For candy alone, the average household will spend anywhere from $25 to $40, according to experts. (CTV News)
Here is an expert from McGill University that can provide comment on this issue:
Pascal Thériault, Senior Faculty Lecturer and Director, Farm Management and Technology Program
“Food inflation has hurt families across Canada. Food processors accused of price hikes are also being affected with those price increases with labor and energy cost increases, while rising prices of cocoa, sugar and oils affect their cost of production.”
Pascal Thériault is a Senior Faculty Lecturer and the Director of the Farm Management and Technology Program at the Faculty of Agricultural Environmental Sciences. A trained agricultural economist, his areas of expertise include farm business management, agri-food marketing, policy analysis and management of human resources.
pascal.theriault [at] mcgill.ca (English, French)