Close X
Friday, November 29, 2024
ADVT 
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.

    MORE National ARTICLES

    UBC Names Investigator To Probe 'Serious Allegations' Against Steven Galloway

    UBC Names Investigator To Probe 'Serious Allegations' Against Steven Galloway
    VANCOUVER — The University of British Columbia has hired a former judge to investigate "serious allegations" against suspended creative writing chairman Steven Galloway.

    UBC Names Investigator To Probe 'Serious Allegations' Against Steven Galloway

    Stigma A Barrier To Medical Cannabis Research, Advocates Say At Roundtable

    Stigma A Barrier To Medical Cannabis Research, Advocates Say At Roundtable
    VANCOUVER — When Jonathan Zaid turned 18, his mom gave him an unusual birthday present — one that would turn out to be life-changing.

    Stigma A Barrier To Medical Cannabis Research, Advocates Say At Roundtable

    Alberta Premier Says Farm Bill Is About Dignity, Basic Rights; Stands Firm

    Alberta Premier Says Farm Bill Is About Dignity, Basic Rights; Stands Firm
    EDMONTON — Alberta Premier Rachel Notley moved Thursday to quell a maelstrom of discontent over her farm safety bill by saying it's foremost about safety and dignity.

    Alberta Premier Says Farm Bill Is About Dignity, Basic Rights; Stands Firm

    Edmonton Retiree Winner Of $30Million Lotto Max Jackpot; Will Help His Children, Travel

    Edmonton Retiree Winner Of $30Million Lotto Max Jackpot; Will Help His Children, Travel
    EDMONTON — An Edmonton man did not tell his wife for several days that he held the winning Lotto Max ticket for $30 million.

    Edmonton Retiree Winner Of $30Million Lotto Max Jackpot; Will Help His Children, Travel

    Banks Defy Sluggish Economy, But Analysts Question Whether It Can Last

    Banks Defy Sluggish Economy, But Analysts Question Whether It Can Last
    Combined, the six largest lenders — Royal Bank, TD Bank, Scotiabank, the Bank of Montreal, CIBC and National Bank — earned $34.88 billion in net income during fiscal 2015, up almost five per cent from $33.27 billion last year.

    Banks Defy Sluggish Economy, But Analysts Question Whether It Can Last

    CRTC Uses Anti-spam Powers To Take Down Toronto-based Malware Server

    CRTC Uses Anti-spam Powers To Take Down Toronto-based Malware Server
    A computer infected with Dorkbot can also download other malware and compromise a system further.

    CRTC Uses Anti-spam Powers To Take Down Toronto-based Malware Server