Canadian Families Can Expect to Pay $1,000 More for Food in 2023: Report

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Canadian Families Can Expect to Pay $1,000 More for Food in 2023: Report

Canadian families can expect to pay over $1,000 more for food in 2023, according to a new report published by four universities across the country that collaborated on the project.
High food inflation is expected to continue next year, with food insecurity and affordability being a big concern for many, says “Canada’s Food Price Report 2023,” an annual publication of Dalhousie University, the University of Guelph, the University of British Columbia, and the University of Saskatchewan.
The report forecasts that overall food prices will rise by between 5 to 7 percent in 2023, and that Canadian families will spend up to $1,065.60 more on food, increasing from $15,222.81 in 2022 to $16,288.41 next year....

Source: Canadian Families Can Expect to Pay $1,000 More for Food in 2023: Report

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