Grocery prices to rise in 2025, report says

Canadians are bracing for higher grocery bills in 2025, with a new report projecting food prices will increase by 3 to 5 per cent nationwide—and up to 5 per cent in Quebec.

According to Sylvain Charlebois, lead author of Canada’s Food Price Report 2025, this could mean an additional $800 in grocery expenses for a family of four.

The report highlights that meats, vegetables, coffee and orange juice will be among the most effected.

Charlebois said there are several reasons for the increase in prices, including supply chain issues, climate change and the low Canadian dollar.

“So, the buying power of importers that we have in Canada, is likely to decrease over the next 12 months,” Charlebois said.

Higher food prices have already changed the way some people shop, leading them to focus on bargain hunting and buying items on liquidation.

Food insecurity is also on the rise. In March, there were more than two million visits to food banks across the country, a record according to Food Banks Canada.

However, there is something to look forward to in 2025.

“We're expecting dairy products not to be an issue because of the fact that, farmgate prices will remain pretty much the same,” Charlebois said.