London Daily

Focus on the big picture.
Monday, Jun 23, 2025

Shoplifting Surges To An Alarming Level Across Canada: Report

Shoplifting Surges To An Alarming Level Across Canada: Report

Experts issued a warning that the issue would get worse if the economy slowed down next year as some economists anticipate.
Theft of goods from open retail establishments in Canada has surged to an alarming level across the country, with inflation and labour shortages cited as major factors behind the increase, according to The Global News.

The news outlet, which referenced the most recent Canada's Food Price Report, claims that "the uptick has triggered concern among Canadian grocers even as the rise in food prices helps pad their bottom lines. Grocery prices were up 11 percent year-over-year in October, and they're not expected to ease any time soon. The total cost of groceries for a family of four is expected to be $1,065 more than it was this year."

Sylvain Charlebois, senior director of the Agri-Food Analytics Lab at Dalhousie University in Halifax, claims that inflation in food prices is one of the main drivers pushing more people to steal.

“There is a correlation between the two, absolutely. Theft is an ongoing issue. But the intensity actually does increase when food prices go up,” he said, noting that meat and dairy products are the top two stolen items.

He warned the problem may grow if the economy slows down next year as some economists suggest.

“If you see both food prices go up and … the economy slows down, jointly that is when you basically see even more stuff.”

According to Reuters, the Canadian dollar has fallen nearly 7% against its US counterpart since August and even further against some other G10 currencies, creating a potential boost for exports.

Inflation eased to 6.9% in October after peaking at 8.1% in June but is likely to be more persistent than previously thought after spreading from goods prices to services and wages, where higher costs can become more entrenched.

According to Statistics Canada, gasoline got more expensive in October as OPEC signalled looming production cuts and the Canadian dollar weakened. So too did owning a home, as Canadians renewed their mortgages at higher rates. Meat, fruit, and vegetable prices also continued to rise, but less than in previous months. Meanwhile, costs fell for telephone services, video equipment, computer devices, and digital media.
Newsletter

Related Articles

0:00
0:00
Close
Airlines Evaluate Flight Cancellations Amid Escalating US-Iran Tensions
Starmer Invites Innovators to Join Government Talent Scheme
UK Economy’s Strong Opening Quarter Shows Signs of Cooling
Harrods Seeks Court Order to Secure Al Fayed Estate for Victims
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
BBC Demands Perplexity AI Immediately Stop Using Its Content
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
×