When Elizabeth Allen popped into a Starbucks in downtown Toronto recently, she was not prepared for the sticker shock.
Even before the pandemic, extreme weather patterns were driving up wholesale coffee prices, Carter said. In 2021, Brazil — home of the world’s largest coffee crop and one of the main countries Canada imports its beans from — suffered a once-in-a-century drought and severe frost, which slashed crop yields, driving up prices. Colombia, the world’s second-largest exporter, was also hit by drought.
Carlos Gutierrez, who owns Calgary-based company Single Origin Coffee, which supplies beans to Western Canadian roasters, says rising costs and supply chain interruptions have taken a toll on his business. When asked how much prices have increased in Canada over the last year, Starbucks Canada declined to comment but said that the company factors in “increasing inflation as well as wage, customer demand and other costs,” into its pricing strategy.
Good! May all the Liberal coffee drinkers out there suffer.
What will all the urban socialist do now!! Lol
This is Justin Trudeaus Canada, he wants you broke and miserable!
If the wealthy would stop buying $7.00 fancy coffees, maybe this wouldn't happen!!!!!! I've never paid such a high price for a coffee in my life. Smarten up folks.
Trudeau debt causing staggering inflation. Stop the overspending Freeland!
Star bucks suck like the Toronto star
Supply chain issues what supply chain issues in Canada we have everything we need gas Oil, wheat beef, pork, chicken, natural resources of all kinds. What is the supply chain issue it is the lady boy liberal/NDP lip dicks
Bullshit. “Supply chain problems” will be the excuse for raising prices forever.
Come on all the pointy headed progressive liberals, a.k.a. Wolk socialists in Toronto love to pay $10 for their coffee. It makes them feel important and then they can tell themselves how much better they are than everyone else with the help of the Toronto star.
You don't have to buy it
Easy .. boycott
What supply chain challenges?
The coffee association of Canadá = Tim hortons 🤪
Leftists love Starbucks too much to target it the way they do with Loblaws
caused by everything except the MW increase right TS?
Or make coffee at home for less than $1 a cup. That's $30 a week difference
It’s a good that I only drink one cup a day
Thank God we have bananas. They are still at 59c/lb Darn we dont even grow it in Canada.
Everything I start getting into keeps going higher thank God I can count on mashed potatoes staying the same price
Scare mongering by the Coffee association of Canada
Best personal outcome from the initial Covid lockdown period is I prefer to make my own at home now ☕️
The people will Snap eventually. Hahahaha wouldn't want to be a politican when that happens. 😄
It’s because of the unvaccinated
'The cost of coffee has been going up and will continue to rise amid soaring inflation and supply chain challenges, according to the Coffee Association of Canada' Will only hurt the coffee shops, and economy! Drink less Drink more at home .
Why stop at 7$? Put it at an even 10 bucks
Just more evidence of price gouging in rip off Canada JustinTrudeau
Start making your own at home more, and those prices will come down.
The cost of coffee ☕ is rising again?
Maybe some more unlimited spending will fix it…
Make it at home.