January 11: Brace Yourself for Higher Food Prices
Article by Sylvain Charlebois featured in the Montreal Gazette
GUELPH, Ont. — Last year, Canadian consumers experienced only modest increases in food prices. In fact, not only did food prices in general barely go up, but prices for fruit and vegetables decreased by more than 8 per cent. Unfortunately, this year will be a different story. Several forecasts predict food prices will go up anywhere from 1.5 per cent to 3.5 per cent, probably exceeding our national inflation rate.