CBC’s The Current Looks at Inflation and Food Prices

The sharp acceleration of food prices (up over 11% in the last 12 months) has sparked anger and hardship in Canadian families struggling to pay the bills of day-to-day life. It has also raised troubling questions about the corporate power of the major supermarket chains, which control a dominant share of the overall food retail industry. Centre for Future Work Director Jim Stanford recently joined Matt Galloway, host of CBC’s national radio program The Current, for an in-depth conversation about food prices, why they’re so high, the role of corporate profits in driving up prices for food and other necessities – and, most important, what we can do about it. Hear their segment,beginning at the 23:00 minute mark of the program.