National

Grocery And Restaurant Costs To Gobble Up Your Budget Next Year, Study Says

The Canadian Press, 10 Dec, 2015 11:16 AM

GUELPH, Ont. — A new report says the average household in Canada will spend $8,631 on groceries and restaurant meals next year, up by $345 because of food inflation.

The University of Guelph's latest forecast estimates that food inflation could be between two and four per cent in 2016 — compared with 4.1 per cent this year.

The school's Food Institute estimates food inflation in 2015 cost the average Canadian household an extra $325 this year.

The Food Institute says a combination of factors are pushing up prices, including the impact of climate change and the high value of the American dollar, which increases the price of imports from the United States.

The latest Statistics Canada data shows overall consumer prices were up one per cent in the 12 months to October, with a decline in fuel prices offsetting increases in most other spending categories.

Prev Next

MORE National ARTICLES

Ontario Gives Municipalities $333 Million From Gas Tax To Fund Public Transit

Ontario generates about $2.4 billion a year from its 14.7 cents-a-litre tax on gasoline, and gives two-cents-a-litre to cities and towns to expand public transit.

Ontario Gives Municipalities $333 Million From Gas Tax To Fund Public Transit

Justin Trudeau Promises To Look Into 2008 RCMP Proposal To Tail Journalist

rudeau says he believes a free and independent press is an essential part of a strong democracy.

Justin Trudeau Promises To Look Into 2008 RCMP Proposal To Tail Journalist

Harper Government Accused Of Leaving 'Bare Cupboard' For Liberals

Treasury Board President Scott Brison says he's not surprised the Harper government left behind little fiscal capacity.

Harper Government Accused Of Leaving 'Bare Cupboard' For Liberals

Soldier Suicide Recognition At DND An Uphill Battle, Says Victim's Mother

Sheila Fynes, whose son Cpl. Stuart Langridge died by his own hand in 2008, says she's been made cautiously optimistic by the promise, but the stigma of mental illness, which can lead to suicide, is still very much a part of the military mindset.

Soldier Suicide Recognition At DND An Uphill Battle, Says Victim's Mother

Day Parole Approved For Patrick Clayton Who Took Hostages In Edmonton WCB Office

Day parole has been granted to an Alberta man who took nine people hostage at gunpoint in a Workers' Compensation Board office in downtown Edmonton.

Day Parole Approved For Patrick Clayton Who Took Hostages In Edmonton WCB Office

Cancer Fund Launched By Terminally Ill Boy's Family Who Had Christmas In October

The family of a terminally ill seven-year-old boy whose small Ontario town threw him an early Christmas parade has launched a foundation to support brain cancer research.