Report says Canadian food prices to rise 2 to 4 per cent in 2020
Canada’s Food Price Report is forecasting prices in Canada will increase by between two and four per cent in 2020.
The 10th annual edition of the report, which was released Wednesday, said the annual cost of food for the average Canadian family in 2020 will be $12,667 — up $487 from 2019.
The report is prepared by researchers from Dalhousie University and the University of Guelph.
It says climate change is the major culprit for rising food prices, especially in the produce department.