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Food prices will continue to rise in 2023: report
The financial pain from high food prices isn’t expected to go away for a while, a new report from Dalhousie University suggests. That’s bad news for some families who say they don’t see what else they could cut from their grocery bills.
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Canada’s inflation rate remains at 6.9%
Canada’s inflation rate remained at 6.9 per cent in October, kept high by fuel and food prices. But there is some good news: price hikes seem to be slowing.
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Lettuce prices skyrocket due to crop disease, supply chain issues
In parts of Canada lettuce is in short supply — and costing a lot more than usual — after drought conditions and disease affected supplies from California.
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Food bank use hits all-time high as Canadians struggle to get by
A new report shows demand for Canadian food banks hit an all-time high in 2022, with more people struggling to keep up with the rising cost of living. Beyond those on fixed incomes, the report also highlights a growing need among people...
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Vertical farming turns vacant office space into stackable crops
Vertical farming is on the rise across Canada, with companies looking to turn vacant office spaces into farms. They say they could offer Canadians fresh greens at a lower price and with a smaller carbon footprint.
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Amid high food prices, questions arise about grocery chains’ profits
Loblaw says it’s freezing prices on its No Name products until 2023 to help Canadians struggling with inflation. But with major grocery chains seeing their profits increase, some are questioning whether they should be the target of...
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No relief for food prices despite overall inflation showing signs of slowdown
Food prices in Canada rose at the fastest pace since 1981, despite Statistics Canada's latest figures showing overall inflation cooling down for the third month in a row.
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Inflation cools slightly to 6.9% in September
Canada's official inflation rate slowed for the third month in a row in September, as gasoline got cheaper but food prices continued to get more expensive.
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Canada's economy will experience a 'slowdown', IMF chief economist warns
Rosemary Barton Live speaks with IMF Chief Economist Pierre-Olivier Gourinchas about Canada's economy and the global economic forecast. Gourinchas says inflation rates may come down but will still be high, and that global growth will...
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Food banks report surge in demand amid high cost of living
Toronto and Ottawa food banks are reporting record-high visits in August, as high food prices force Canadians to make tough choices, sometimes skipping meals altogether.
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The price of food is rising at the fastest rate in 40 years
Canada's inflation rate cooled to seven per cent in August, Statistics Canada says. While gasoline got cheaper during August, food prices continued their increase — the cost of groceries has risen by 10.8 per cent in the past year.
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Inflation rate cools, but not enough to bring down grocery prices
New numbers show Canada’s inflation rate dropped again to seven per cent in August, but grocery prices are still at their highest in decades.
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Drought, labour shortages lead fruit sellers to explore growing in Canada
Drought, labour shortages and rising costs in California are leading some of North America’s largest fruit sellers to look to Canada to grow their produce. Driscoll's and Naturipe Farms are both testing commercial production of berries...
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The debate over ‘best before’ dates: strict rule or just a suggestion?
Experts say best before dates are more like guidelines to preserve quality, but a new survey shows many Canadians still strictly abide by the food label, which leads to food waste.
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U.K., Europe heading for recession as inflation continue to climb
The EU and U.K. economies are in shambles, with a recession now almost certain. Inflation is ravaging household budgets in Britain and Europe where, unlike in Canada, the worst price hikes are likely still to come.
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Bangladesh: Dozens injured in protests against rising fuel prices
Dozens of people in Bangladesh have been injured in protests against a rise in the cost of fuel.
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Inflation shows signs of slowing as prices for some commodities decline
There is cautious optimism that inflation in Canada may have peaked as price growth for things like oil, lumber and real estate begins to decline.
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Inflation in Canada hits 39-year high
New numbers from Statistics Canada show the country's inflation rate rose to 8.1 per cent last month, the fastest annual increase since 1983.
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How apps help lower grocery bills and fight food waste
The rising cost of food has many Canadians turning to apps to find discounted food that would otherwise be thrown out by grocery stores and restaurants, which is also reducing food waste.
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Following rising food costs from the farm to the store
Increasing expenses along the supply chain and even the weather are some factors behind rising food costs Canadians are seeing at the grocery store.
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New apps help fight food waste
A number of new smartphone apps have launched in Canada, all with a common goal: to cut down on food waste by hooking bargain hunters up with grocery stores and restaurants selling excess supply for cheap. (Photo Credit: Alison...
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Canada’s inflation rate hits 30-year high
Canada's inflation has now hit 5.1 per cent, the highest rate since 1991, largely driven by supply chain problems, labour shortages, and a skyrocketing real-estate market. It has many Canadians struggling to get by as food, gas and...
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Why a Toronto Greek restaurant know for steady prices is worried about staying afloat
Square Boy is a Greek family restaurant in the heart of Toronto's Danforth neighbourhood famous for its food and its prices. The restaurant has only raised prices once in five years. But between pandemic measures and rising inflation,...
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Restaurant worries about keeping prices low, staying afloat with rising food costs
A Toronto restaurant, Square Boy, known for its consistently low prices, is worried about staying afloat because of the impact of rising food prices and inflation.