This report focuses on impacts of the COVID-19 pandemic and forecasts that overall food prices will increase 3 to 5%. Overall, the food inflation index has outpaced general inflation over the last 20 years in Canada. The typical grocery bill has risen approximately 170% over the last two decades.
Food insecurity levels are likely to increase across Canada in 2021. The report states, “income insecurity is a key factor in food insecurity”. In 2020, “…..almost 1 in 7 Canadians reported to Statistics Canada in May that they had experienced food insecurity in their household during the previous month, with 2% reporting the most severe type of food insecurity, and these are likely conservative numbers”.
Published By: Dalhousie University, University of Guelph, University of Saskatchewan, & the University of British Columbia
Publication Date: 2020
Read the report here: Canada’s Food Price Report, 11th Edition, 2021