Food Prices Continue To Rise Across Canada

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Food Prices Continue To Rise Across Canada

Limited edition Dolce & Gabbana tins containing panettone cakes selling for $79.99 at a grocery store in Toronto, Ontario, Canada on December 10, 2022. Food prices in Canada will continue to escalate in the new year, with grocery costs forecast to rise up to seven per cent in 2023, new research predicts. For a family of four, the total annual grocery bill is expected to be $16,288 - $1,065 more than it was this year, according to the 13th edition of Canada's Food Price Report. Vegetables could see the biggest price spikes, with estimates pegging cost increases will rise as high as eight per cent, the report said. (Photo by Creative Touch Imaging Ltd./NurPhoto)


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