BC food prices rose faster than anywhere else in Canada in the 12 months ended July, according to Statistics Canada data released this week. Supermarket food items cost 3.9% more in the month than a year earlier, versus a national average of 3.4%. Most food items saw price increases greater than the national average, led …
Agri-Food Analytics Lab
Food prices outpace income
The average BC family’s food bill has increased more than 9% this year, according to the annual Canada Food Price Report, and a further increase of up to 7% is possible in 2023. The effects of inflation and declining disposable incomes among consumers will make it not just more expensive but harder for consumers to …
Ukraine adds to producer pressures
The trade fallout from Russia’s ongoing invasion of Ukraine threatens to add to the pressures producers face in what was already shaping up to be an expensive growing season. Responding to international sanctions, Russia has urged its producers to halt exports of fertilizer, which was already in short supply in Europe due to production disruptions. …
BC leads food price increases
BC food prices are set to rise in 2021 even as prices drop in the other three western provinces. “We are expecting British Columbia to experience higher than average price increases,” states the annual food price report released this week by the Agri-Food Analytics Lab at Dalhousie University. The report forecasts food prices nationally will …
Online grocery shopping favours produce
A new study from the Agri-Food Analytics Lab at Dalhousie University highlights the growing importance of online shopping to Canadians. Conducted in the first week of November by survey firm Caddle and Dalhousie University, the survey found that more than 31% of Canadians had used an online service for supermarket orders in the previous six …