The average family of four in our listening area is expected to spend $800 more on groceries in 2025, according to the latest Canada Food Price Report.
With food prices set to increase by 3-5%, the rise is expected to hit families hard, especially in the meat category, where prices could climb 4-6%.
The report does highlight that Ontario’s price growth will be among the lowest in Canada.
While prices for meats and vegetables will see the steepest rises, other items are expected to remain stable.
As food insecurity reaches record levels, affecting 22.9% of households in Canada, experts urge consumers to be mindful of spending habits. The increase in food prices will only worsen the situation for many residents.
Many Canadians are already opting for discounts and lower-cost brands to cope with rising costs.
Local food banks have also seen a surge in users, but they too are feeling the crunch and are in need of donations of food and cash.
Written by Bob Perreault
