Canadians Decry 'Shrinkflation' as Companies Shrink Products But Not Prices

Many Canadians are frustrated with "shrinkflation," when companies reduce product sizes but not prices. 64% of Canadians surveyed view this practice as unacceptable.

Some countries like Brazil, Hungary, and South Korea now require companies to note on packaging when a product has shrunk. France aims to follow.

Canadian consumers and advocates argue the federal government should regulate shrinkflation and mandate more transparency from companies.

Industry associations counter that additional legislation could further increase costs for businesses struggling with rising expenses.

Potential transparency solutions include in-store signage flagging size changes, online public lists of shrunken products, or relying on manufacturers to voluntarily notify consumers.