Canadian families Will Spend More On Food Next Year

A new report estimates the typical Canadian family will spend up to 420 dollars more on food next year. Researchers at Halifax’s Dalhousie University expect food prices will rise between three and five per cent on average, with meat, vegetables and seafood expected to see the biggest hikes. Restaurant costs are also expected to jump by two to four per cent. The study suggests the two biggest factors pushing up prices are a lower Canadian dollar and the incoming policies of U-S president-elect Donald Trump, including the possible deportation of illegal, seasonal farm workers.

 

Photo Credit: Wikimedia

 

 

Posted in All Stories, Derrick & Sylvia in the Morning, News, Sports, Sylvia, Whats Happening Tagged with: ,

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