inflation

Soaring Grocery Bills in 2025 Expected to Put More Pressure on Straining Food Banks

Soaring Grocery Bills in 2025 Expected to Put More Pressure on Straining Food Banks

Dec 5, 2024 | 5:57pm
Canadian families brace for steep grocery bills in 2025, report warns Canadians are set to face yet another challenging year at the grocery store, with food prices expected to rise faster than inflation for the third consecutive year, according to the 2025 Canadian Food Price Report. A family of four will spend $16,833.67 on groceries […]
Grocery Price Surge Outpaces Inflation for 56th Month in Canada

Grocery Price Surge Outpaces Inflation for 56th Month in Canada

Nov 19, 2024 | 6:15pm
Grocery Prices Outpace Inflation for 56th Consecutive Month, Intensifying Pressure on Food Banks The price of groceries in Canada continues to climb faster than overall inflation, deepening financial strains for millions of Canadians. Statistics Canada reported October inflation at 2 per cent, but food purchased from stores rose by 2.7 per cent. This marks the […]
Inflation slows in January

Inflation slows in January

Feb 21, 2024 | 6:00am
Statistics Canada says inflation is now below three per cent. The Consumer Price Index, a key measure of inflation, dropped to two-point-nine percent last month, largely due to lower prices at the gas pumps. Year over year, gasoline prices fell 4.0 per cent in January following a 1.4 per cent increase in December. Price hikes at the […]
Canadian inflation on the rise again

Canadian inflation on the rise again

Sep 20, 2023 | 4:51am
The rate of inflation in Canada is on the rise again. Statistics Canada has released the consumer price index for August which shows inflation climbing back to the four per cent mark, up nearly a full per cent from the July figures. The price of energy is up across Canada, but Alberta is leading the […]

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