Food Prices Forecast to Climb Even More

Thursday, 9 December 2021 07:53

By Tami Jeanneret

Expect to spend about a grand more next year

Canada's latest Food Price Report predicts the average family of four will pay close to a thousand dollars more for food in 2022

That would bring the total spending on food for the year to a record high of nearly $15,000.

That's a seven-per-cent increase over this year's prices.

The report blames the pandemic and the disruptions it has caused in the global supply chain, as well as labour market issues and extreme weather events.

The report adds food banks will be left struggling with higher costs just as demand for their services increases.

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Food Prices Forecast to Climb Even More

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