Close X
Monday, November 25, 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

    Lawyer Urges B.C.'s Chief Justice To Send 'Strong Message' In Ivan Henry Case

    Lawyer Urges B.C.'s Chief Justice To Send 'Strong Message' In Ivan Henry Case
    A lawyer for the man wrongfully imprisoned for 27 years is urging a British Columbia Supreme Court judge to send a "strong message" when determining how much Ivan Henry should be compensated.

    Lawyer Urges B.C.'s Chief Justice To Send 'Strong Message' In Ivan Henry Case

    Drugs, Weapons Issues At B.C. Group Homes That Cared For Teen Who Died: Report

    VICTORIA — Newly released government documents say drugs and weapons were among the concerns at former private group homes operated by a company that cared for an 18-year-old before his death.

    Drugs, Weapons Issues At B.C. Group Homes That Cared For Teen Who Died: Report

    Transport Agency Reprimands Air Canada Over 'Paternalistic' Deaf-Blind Policy

    Carrie Moffatt booked a flight from Vancouver to Victoria in 2013 with her guide dog when she was informed she would have to fly with an attendant.

    Transport Agency Reprimands Air Canada Over 'Paternalistic' Deaf-Blind Policy

    Former B.C. Solicitor General Says Police Board Also To Blame In Chief Debacle

    Former B.C. Solicitor General Says Police Board Also To Blame In Chief Debacle
    VICTORIA — A former British Columbia solicitor general says Victoria's police board should shoulder some of the blame after the city's police chief admitted to sending inappropriate Twitter messages to the wife of a subordinate officer.

    Former B.C. Solicitor General Says Police Board Also To Blame In Chief Debacle

    Three Questions About Negative, Benchmark Interest Rates: What Would It Mean?

    Three Questions About Negative, Benchmark Interest Rates: What Would It Mean?
    The Bank of Canada says it would consider bumping its trend-setting interest rate into negative territory if the country ever faced a major economic shock, although governor Stephen Poloz said such a move is unlikely.

    Three Questions About Negative, Benchmark Interest Rates: What Would It Mean?

    Canada's Environment Minister Optimistic Deal Will Be Reached In Paris

    Canada's Environment Minister Optimistic Deal Will Be Reached In Paris
    "I see some progress but there are some countries that have real difficulties on a more ideological basis, so we're trying to work around that," McKenna told a news conference on Wednesday.

    Canada's Environment Minister Optimistic Deal Will Be Reached In Paris