Inflation has done a number on the cost of living in Canada.
Nowadays, $20 won’t get you much at the pump and the grocery store. From gas prices to produce like lettuce, and now… eggs.
Eggs are the latest to be hit by foodflation. The cost of a carton of eggs has skyrocketed both in Canada and the US.
According to Statistics Canada’s latest report, despite the country’s inflation rate slowing to 6.3% in December, prices for certain foods continue to rise. That includes egg prices, which have increased by 16.5% compared to December 2021.
The US is experiencing a similar hike, seeing egg costs jump by 60% in December.
According to USA Today, the average price of a dozen large Grade A eggs was US$1.93 in January 2022. By December, the price rose to $4.25.
“$11.19 for 18 eggs?? I’ve decided I’m going to start laying my own eggs, and believe me if I think hard enough hopefully I’ll Pop them out!” tweeted one exasperated shopper.
$11.19 for 18 eggs??
I’ve decided I’m going to start laying my own eggs, and believe me if I think hard enough hopefully I’ll Pop them out!#eggs #InflationReductionAct #eggflation pic.twitter.com/TUNyRjXeHk— SANTINO (@MichaelSCollura) January 17, 2023
Of course, the internet did its things and coped in the healthiest way it knows how — through memes.
Apparently, owning eggs is now a symbol of wealth and success.
“After 7 years busting my a** in hollywood, I can say I finally made it!” tweeted one person with a photo of an exorbitant amount of eggs.
After 7 years busting my a** in hollywood, I can say I finally made it! 🙌 #eggflation pic.twitter.com/DzG5xxjLlG
— WLL (@wll_music) January 19, 2023
Some people flaunt expensive cars and huge houses. Not me! I got the 60 count eggs!!!!#eggflation #eggprices #ballin pic.twitter.com/2Nbykc8CXG
— Mike Parenteau (@jaxmike74) January 18, 2023
Rolexes are usually a status symbol, but not many people can afford to sport an egg on their wrist.
Saturday Motivation #eggflation pic.twitter.com/vrlK8KBMVh
— djungelskog (@discountflipper) January 14, 2023
Others thanked the Gods that cars don’t run on eggs.
Thank god cars don’t run on eggs. #eggflation
— Phill Up My Cup (@phillipgcomedy) January 19, 2023
Many decided to take advantage of the situation and went straight to reselling their eggs for a jacked-up price.
“$10 per egg or $100 for the whole container. Egg prices have skyrocketed, so no lowball offers. I know what I have,” tweeted one person.
$10 per egg or $100 for the whole container. Egg prices have skyrocketed, so no lowball offers. I know what I have. #EggShortage #eggflation #eggs pic.twitter.com/zeRTq5ovfs
— colt (@coltmatocha) January 19, 2023
“I got eggs 2 for 5$,” added another sharing a photo of eggs packaged in clear bags.
I got eggs 2 for 5$ #StocksToBuy #eggflation #Deals pic.twitter.com/2v1iT0cbFd
— TheSentientNFT 🤙 (@NFT69420) January 16, 2023
Others showed how eggs are being sold in grocery stores.
One place seems to be putting security locks on cartons like they do with electronics.
Lmao $SPY #eggflation pic.twitter.com/g5T87myrYr
— Momchil (@MomchilB) January 19, 2023
Another store is apparently selling single eggs “in case you can’t afford more.”
Single eggs being sold at the grocery store now incase you can’t afford more. $1 an egg. #eggs #EggShortage #eggflation pic.twitter.com/cHWND5AbEO
— North_Star_22 (@IYAOYAS311) January 12, 2023
And how might the creators of eggs be profiting from this?
How chickens are living since eggflation. pic.twitter.com/MlR0vVpKdh
— Dr. Michael J. Svigel (@Svigel) January 14, 2023
Hopefully, eggflation doesn’t last until Easter.
All the way dead 🤣 #Eggflation pic.twitter.com/IimTIEjzBl
— Tam (@tamhodge) January 18, 2023