Up untill a week ago Nofrills carried these “three packs” of salmon for $10. Now the same pack contains two for the same $10. I thought it felt light when I bought it yesterday.
This comes to about $0.02 increase per gram, and a $1.10 price increase overall. Or a 11% increase in price overall. Meanwhile inflation is at 6-7%?
Same reason for every animal resource: over exploitation of the resource, habitat destruction/pollution, and climate change. This isn’t a recent thing, salmon stocks have been declining over the last 4 decades. The response to this decline of course has been to continue extracting the same amount year over year.