JUSTINFLATION: Food prices to skyrocket by nearly $1,000 per family in 2022

"It’s important for consumers to understand that food prices have been going up for some time, and there’s no turning back," says Canada’s Food Price Report project lead Sylvain Charlebois.

ADVERTISEMENT
Image
Roberto Wakerell-Cruz Montreal QC
ADVERTISEMENT

Canadians in a family of four are looking at a hefty increase in food prices for 2022, Canada's Food Price Report said on Thursday.

According to the report, those in a family of four will pay an extra $966 in food in 2022.

This will bring an average family's food bill for the year up to $14,767.

Prices, they say, are likely to increase due to supply chain disruptions, labour market shortages, and "adverse weather events."

"It’s important for consumers to understand that food prices have been going up for some time, and there’s no turning back," says Canada’s Food Price Report project lead Sylvain Charlebois, director of the Agri-Food Analytics Lab at Dalhousie.

"Our relationship with food is changing, and so will our food budgets. Showing up at the grocery store knowing what you should be paying will help."

"The era of cheap food has ended," said Sylvain Charlebois, according to CTV. "Prices have been increasing since 2010 and the pandemic accelerated that trend."

The report suggests three vital tips for families looking to keep more money in their pocket; budget, eat healthy, and to look out for community collectives around food, such as community gardens and to buy local.

"Over time, it will be critical to think about our food autonomy, and build some capacity domestically so we can grow more food all year," says Dr. Charlebois.

"Processing will also need some attention to make sure we can continue to process our own commodities. We’ve made some good progress in recent years, and need to continue on our path."

"Many of our high-cost items, such as fruit and vegetables, are imported and subject to fluctuations in the Canadian dollar, weather, and oil price changes," said University of Guelph campus lead Simon Somogyi.

"Vegetables are important to our health and they are typically quite expensive and can have a very short season in Canada," he went on to say. "We could be producing more fruits and vegetables here with a concerted strategy to invest in more technology such as indoor farming techniques and R&D incentives to develop better technology that makes indoor farming more efficient and less costly."

ADVERTISEMENT
ADVERTISEMENT
Sign in to comment

Comments

Powered by StructureCMS™ Comments

Join and support independent free thinkers!

We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.

Support The Post Millennial

Remind me next month

To find out what personal data we collect and how we use it, please visit our Privacy Policy

ADVERTISEMENT
ADVERTISEMENT
By signing up you agree to our Terms of Use and Privacy Policy
ADVERTISEMENT
© 2024 The Post Millennial, Privacy Policy