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In the 12th edition, Canada’s Food Price Report forecasts highest increase in both percentage and dollars in 12 years.
Several provinces are expected to see higher than average food inflation rates in 2022, including Alberta, British Columbia, Newfoundland and Labrador, Ontario, and Saskatchewan. Higher food prices will likely be due to inflationary conditions specific to these regions. In other words, these provinces could see price increases of up to 7% next year.
Read and download the report HERE.
