food prices

As Ontario's electoral candidates float plans to reduce cost at the tills, food banks and food security experts say their food-focused approach is distracting from the main problem: Poverty and incomes.

Pundits and farming lobbies are blaming sky-high food prices on shortages, but a new report argues wealthy investors are fuelling the crisis.

Canadian families will pay an extra $966 for groceries in 2022, report says

The cost to put food on the table and gasoline in the car pushed up the cost of living in September, lifting the annual pace of price increases to a near two-decade high with no clear end in sight to the elevated readings.

Over-reliance on tree-planting to offset carbon emissions could push food prices up 80 per cent by 2050, Oxfam said.

A Canadian family of four can expect to spend almost $700 more for their food next year, according to a report released Tuesday. That’s about a five per cent increase compared to 2020.

“We’ve never dealt with anything like this before,” Churchill, Man. resident Joe Stover told National Observer.

Food prices to rise between three and five per cent, with meat, vegetables, fish and other seafood among those projected to jump by four to six per cent.