Rising food costs expected to add $800 to Canadian families’ grocery bills in 2025
A new report warns that food inflation could increase Canadian families’ annual grocery bills by around $800 next year, taking a bigger toll on Quebecers’ budgets.
As grocery prices climb, Lise L’Heureux says her shopping habits have changed over the last year.
“When I'm ready to go grocery shopping, I'll go to the websites for the flyers and I'll look at what the best price is,” she explained.
She's not alone. Staff at an Esposito grocery store have noticed shifting trends in how customers shop.
“They come everyday now, instead of coming Saturday and Sunday to do their full grocery. They come on a daily basis to always check for specials,” says assistant manager, Normand Shannon.
Produced by several Canadian universities, the report highlights the growing strain on household finances, with grocery bills projected to rise by three to five per cent. Meat prices, already soaring this year, top the list with an expected increase of four to six per cent.
“I think the most concerning thing that's coming out of the report this year, is we've estimated just slightly over an $800 increase. So now we're talking, you know, just shy of $17,000 to feed a family of four,” said Stuart Smythe, a professor at the University of Saskatchewan.
Smythe added that vegetable prices are rising due to Canada’s reliance on U.S. produce and the declining value of the Canadian dollar.
“It's got to be increasingly stressful for households that are sort of on a fairly fixed budget and facing increasingly difficult choices,” he says.
Food insecurity is becoming a growing concern for many.
“Everything is like almost doubled in a lot of the stuff I buy, and I can afford it, but I think of all those people who can't and what do they live on” L’Heureux said.
CTVNews.ca Top Stories
Carney says Trudeau's resignation gives Liberal party 'a chance' in next election, calls himself 'an outsider'
Days ahead of his expected Liberal leadership campaign launch, former Bank of Canada and Bank of England governor Mark Carney says Prime Minister Justin Trudeau's decision to step down boosts the party's chance in the next general election.
Industry minister Champagne to announce Liberal leadership intentions today
Industry Minister Francois-Philippe Champagne plans to reveal his intentions for the Liberal leadership race today.
A B.C. man won a $2M jackpot. Members of his workplace lotto pool took him to court
A dispute over a $2 million jackpot among members of a workplace lotto pool has been settled by B.C.'s Supreme Court.
Icelandic discount carrier Play Airlines pulls out of Canada, leaving customers in dark
Play Airlines is pulling out of Canada less than two years after entering the market.
Hanging out at Starbucks will cost you as company reverses its open-door policy
If you want to hang out or use the restroom at Starbucks, you’re going to have to buy something. Starbucks on Monday said it was reversing a policy that invited everyone into its stores.
Liberal leadership: Freeland to announce bid within the next week
Former finance minister Chrystia Freeland will announce her intention to run for the Liberal party leadership just before the U.S. presidential inauguration, a source close to her campaign team says.
Singh calls on Canada to stop critical minerals exports to U.S. amid Trump tariff threat
NDP Leader Jagmeet Singh says the only way to deal with 'bully' U.S. president-elect Donald Trump and his looming tariff threat is to make him feel the 'pain' of Canada's retaliatory measures.
Bishop's students allege teacher uses degrading terms, university doing nothing
Students at Bishop's University in Sherbrooke, Que., say they're shocked and appalled by the school's apparent lack of action over a teacher they allege has been using derogatory language in her classroom for years.
Norovirus cases are rising in Canada. Here's advice from a doctor
Canadian health officials are reporting a rising number of cases of the highly contagious norovirus illness in Canada, warning that the elderly and young children are most at risk.