
Let me tell you about the sandwich I ate for lunch: a mouth-watering, foot-long torpedo of teriyaki chicken on multigrain bread, beautifully crafted by a true artist. The price, however, was enough to induce indigestion: $21.36 after tax and a 15 percent tip.
Over the past couple of years, some version of this observation has become commonplace in group chats and around dinner tables: everything is too damned expensive. A friend from Alberta recently texted in disbelief when his coffee rang in at $8, a price he once paid for an entire lunch. In May, CTV reported that the price of a McDonald’s Big Mac value meal had risen to $17.59, and that fast food prices had risen 33 percent since 2019.