Gas prices have skyrocketed in the past few weeks, with some Manitoba paying $ 1.64 per liter.
At the moment, it’s cheaper than filling a tank in most other states, but that doesn’t mean consumers can escape the amazing spillover effect.
“Basically, what we see here as a fuel price impact is that everything you and I use and consume will be more expensive as a result of this,” said the Trucking Association Managing Director. The director said. Manitoba Trucking Association, Aaron Dolyniuk.
Food is shipped throughout the continent, primarily by truck. This is one of the reasons food distribution professionals say shoppers notice a significant increase in grocery bills.
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Sylvain Charlevoix, a professor of food distribution and policy at Dalhousie University in Halifax, said:
“There are several ways to save money, but you can’t expect to save money by actually continuing what you’re doing.”
Charlebois has listed some of the products whose prices are expected to rise the fastest.
“This will affect grain-based products early on, perhaps in the next 3-6 months. Everywhere between 3 months and 1 year, the livestock industry is currently affected by the grain market. Everything is more expensive because it’s likely. “
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Analysts say they will soon pay $ 1.90 for a liter of GTA gasoline.
Travel is another affected sector.
Transport expert Barry Prentice said: And, of course, it will discourage people from flying. “
Prentice predicts that the price of the pump will be here for at least two years.
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