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  #1  
Old Posted Mar 4, 2024, 2:38 AM
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Originally Posted by urbandreamer View Post
Speaking of junk food, I recently tried New Brunswick (Mennonite owned?) Covered Bridge all-dressed potato chips and wasn't impressed...
Hmm... you didn't happen to be in NB over the weekend did you?



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  #2  
Old Posted Mar 4, 2024, 2:40 AM
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Witnesses say a small car, possibly Nissan Micra was seen speeding away near the scene of the fire
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  #3  
Old Posted Mar 4, 2024, 3:06 PM
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Wow, if you can't make money using old inefficient equipment, you burn it down eh. We've seen this before at other older food production facilities across Canada. (I could be wrong, but it reminds me of all the random bank barn fires throughout Ontario, like my neighbors which happened after the farmer had complained of losing money, his children were all at university and he'd hurt his back. Replaced with state of the art facility moving from dairy to easier to operate poultry operations.)

Potato futures are hitting record highs, so farmers think they can make more money selling than processing?

Last edited by urbandreamer; Mar 4, 2024 at 3:18 PM.
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  #4  
Old Posted Mar 4, 2024, 3:57 PM
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Dunno if labels are misleading or lying, but am noticing just smaller portions for same price points where contents can be reduced( I.e. shrinkflation).

Stuff like litres of milk, dozen eggs etc are what they are and seeing prices rise.

Is it greed or just inflation costs of operating being passed on to consumers to cover the really tight margins grocers have.
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  #5  
Old Posted Mar 4, 2024, 4:14 PM
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Originally Posted by samne View Post
Dunno if labels are misleading or lying, but am noticing just smaller portions for same price points where contents can be reduced( I.e. shrinkflation).

Stuff like litres of milk, dozen eggs etc are what they are and seeing prices rise.

Is it greed or just inflation costs of operating being passed on to consumers to cover the really tight margins grocers have.
If the grocers were simply trying to keep up with supply-chain inflation, then their profits over the last few years would be relatively unchanged. However, we're seeing Canadian grocers with record profits.
If it were just one of these companies we could dismiss it as being more efficient and cutting costs, etc... but for all of them to have record profits during inflationary times is too much of a coincidence that points to nothing else but greed.
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  #6  
Old Posted Mar 4, 2024, 5:37 PM
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Originally Posted by Berklon View Post
If the grocers were simply trying to keep up with supply-chain inflation, then their profits over the last few years would be relatively unchanged. However, we're seeing Canadian grocers with record profits.
If it were just one of these companies we could dismiss it as being more efficient and cutting costs, etc... but for all of them to have record profits during inflationary times is too much of a coincidence that points to nothing else but greed.
Record profits in the absolute sense sure, because everything costs more. Their margins are still pretty small though. Not defending these big players, but that's what they are publicly reporting on their financials.
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  #7  
Old Posted Mar 5, 2024, 5:52 AM
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Originally Posted by urbandreamer View Post
Wow, if you can't make money using old inefficient equipment, you burn it down eh. We've seen this before at other older food production facilities across Canada. (I could be wrong, but it reminds me of all the random bank barn fires throughout Ontario, like my neighbors which happened after the farmer had complained of losing money, his children were all at university and he'd hurt his back. Replaced with state of the art facility moving from dairy to easier to operate poultry operations.)

Potato futures are hitting record highs, so farmers think they can make more money selling than processing?
Amazing. You tried the chips the other day and now you have insider information on how it burned down.

FWIW, a simple google search reveals that it is (was?) a family run business who grew their own potatoes (russets, which is probably why you didn't like them as they have a slightly different flavour than most chips), and employed around 100 people in a small rural community. The fact that you had some in Ontario indicates that they had developed good market coverage (I have seen them with significant shelf space in the major grocery outlets in NS).

Quote:
In 2004, Matt and Ryan Albright started a potato distribution company and later bought the farm where the potatoes were harvested. The idea of Covered Bridge Potato Chips was then born with production starting in 2009. Their kettle-cooked chips became an immediate local and regional hit and has since spread to North American markets. Now, with multiple locations and over 500 acres of dark russet potatoes grown year-round, we proudly bring you a delicious top-tier line of assorted snack products packed with flavour in every crunch.
Source

Another search indicates that there was some kind of accident during production that started the fire (and luckily the people working there got out safely):
Quote:
Shayon Siriwardhana, a supervisor who was running a shift when the fire started, told Global News the fire began as an “incident in the fryer room that escalated to a big fire.”

The factory employed about 100 people. Now, the community is wondering what will become of the major employer and the tourists the factory helped attract.
Source

Meanwhile, you are drawing some conclusion that arson was committed, because 'you know how these things go'...

A small company in a rural area of NB that employed 100 people, not exactly what I would consider an example of "Canadian Coporate Greed".

I have to say that thinking about the people out of work in an area where jobs aren't abundant, and seeing you getting your jollies cutting down a company with baseless claims kind of makes me feel a little sick inside, and honestly makes me further question how our society has degraded to such a low level in what seems like a relatively short time. Or, perhaps I just shouldn't pay attention to internet trolls...
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  #8  
Old Posted Mar 4, 2024, 4:51 PM
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I'm mad about bacon. Shrinking sizes, raising prices and I've seen more and more packs just full of fat.

Stupid addictive salty bacon.
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  #9  
Old Posted Mar 4, 2024, 5:47 PM
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Originally Posted by harls View Post
I'm mad about bacon. Shrinking sizes, raising prices and I've seen more and more packs just full of fat.

Stupid addictive salty bacon.

It's absolutely wild to me that I can now get much higher quality bacon from fancy local butchers on Roncesvalles for only slightly more than the inferior product at No Frills. And when we're staying at our place in Napanee there's an excellent local butcher that's in fact considerably cheaper than either of the 2 big grocery options (No Frills/Metro).

If I have to pay high prices I'll go for the quality product, so I rarely buy meat from the grocery store at this point. Farm Boy would be an exception as they have surprisingly cheap sausages.
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  #10  
Old Posted Mar 4, 2024, 5:54 PM
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Originally Posted by niwell View Post
It's absolutely wild to me that I can now get much higher quality bacon from fancy local butchers on Roncesvalles for only slightly more than the inferior product at No Frills. And when we're staying at our place in Napanee there's an excellent local butcher that's in fact considerably cheaper than either of the 2 big grocery options (No Frills/Metro).

If I have to pay high prices I'll go for the quality product, so I rarely buy meat from the grocery store at this point. Farm Boy would be an exception as they have surprisingly cheap sausages.
I'm from the prairies and obviously cannot live without bacon. Napanee is not that long of a drive.
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  #11  
Old Posted Mar 4, 2024, 6:05 PM
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Originally Posted by harls View Post
I'm mad about bacon. Shrinking sizes, raising prices and I've seen more and more packs just full of fat.

Stupid addictive salty bacon.
And adding water to meat.
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Old Posted Mar 4, 2024, 6:06 PM
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The big five banks are making money hand over fist, while service fees are rising, branches are closing, and less and less is included in banking packages.
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  #13  
Old Posted Mar 4, 2024, 6:17 PM
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The big five banks are making money hand over fist, while service fees are rising, branches are closing, and less and less is included in banking packages.
Our exclusive overdraft 5 dollar fee when you are not even near being overdraft.

Just in case! We've got your back! Just in case!
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  #14  
Old Posted Mar 4, 2024, 7:24 PM
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Our exclusive overdraft 5 dollar fee when you are not even near being overdraft.

Just in case! We've got your back! Just in case!
Scrotumbank...We're richer than you think!!
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  #15  
Old Posted Mar 4, 2024, 7:29 PM
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Scrotumbank...We're richer than you think!!
Bags of money. Scrotum. I get it now!

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  #16  
Old Posted Mar 4, 2024, 8:11 PM
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The big five banks are making money hand over fist, while service fees are rising, branches are closing, and less and less is included in banking packages.
Be a shareholder, not a customer.

I highly recommend EQ Bank and Wealthsimple.
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  #17  
Old Posted Mar 4, 2024, 9:51 PM
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Originally Posted by MolsonExport View Post
The big five banks are making money hand over fist, while service fees are rising, branches are closing, and less and less is included in banking packages.
Yep. Service charges for the poors who have less than $1,500 in their accounts. Cheques cost a fortune, unless you are rich, in which case they are gratis. No more bank books, much less the convenient option to update them at the ATMs; that option disappeared a couple years ago, bank books just recently. Paper statements have been eliminated. Basically, if you are elderly and/or technologically unskilled and/or can't afford technology, you are shit out of luck. Might as well keep what little you have in your old, stained mattress. The greedy boardroom motherfuckers should be hanged, and that's only partially hyperbole.
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  #18  
Old Posted Mar 4, 2024, 9:57 PM
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The big five banks are making money hand over fist, while service fees are rising, branches are closing, and less and less is included in banking packages.
I'm curious why more people don't use no fee banking like Tangerine.
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  #19  
Old Posted Mar 4, 2024, 10:33 PM
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I'm curious why more people don't use no fee banking like Tangerine.
I have been using RBC primarily because they "refund" my $4 fee. But they have recently started charging more and so it's no longer free. Hence I am moving most assets elsewhere.
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  #20  
Old Posted Mar 4, 2024, 11:00 PM
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I'm curious why more people don't use no fee banking like Tangerine.
Surely you are aware that the average Canadian is sort of a dumb ass.
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