Toronto 
The 2022 Canada’s Food Price Report says food prices will see the highest increase in twelve years. In dollars, next year’s price increase is also the highest predicted increase by Canada’s Food Price Report since its inception.
According to the report, significant increases in dairy and restaurants, bakery and vegetables will push up Canadians’ food bills by as much as 5% to 7%.
The report predicts that a family of four, including a man (age 31-50), woman (age 31-50), boy (age 14-18), and girl (age 9-13) will pay up to $14,767.36 for food, an increase of up to $966.08 from the total annual cost in 2021.
2022 Canada’s Food Price Report
The report by four Canadian universities – Dalhousie University, University of Guelph, University of Saskatchewan and the University of British Columbia – also says food price increases in Alberta, British Columbia, Newfoundland and Labrador, Ontario, and Saskatchewan will likely be higher than the national average in 2022, while price increases in the remaining provinces will be lower.
“Most Canadians could eat more vegetables,” says Dr. Kelleen Wiseman, UBC campus lead of Canada Food Report. “The forecasted increase in this healthy food category is worrying from a public health perspective because consumers might be tempted to further reduce their consumption of fresh and mainstream vegetables. However, options are available in selecting alternative vegetables or frozen vegetables — which can provide high nutritional value at a lower price point.”
The report also gives examples of various kinds of household compositions and their predicted annual food expenditure for 2022 to help Canadians plan their financials for the new year.
2022 Canada’s Food Price Report
2022 Canada’s Food Price Report
COVID-19-related disruptions to the food supply chain, climate change and adverse weather effects, labour force challenges, high inflation, and food transportation challenges are all to blame for increasing food prices as per the report.
Last year’s report predicted the average Canadian family would spend up to $13,907 for a family of four including a man (age 31-50), woman (age 31-50), boy (age 14-18) and girl (age 9-13). The actual spending from what was observed in 2021 was $13,801, meaning a difference of -$106 for the year.
See more here: Canada’s Food Price Report 12th Edition 2022
