A customer shops for produce at a grocery store In Toronto on Friday, Feb. 2, 2024. (Cole Burston / The Canadian Press)
Even as a report from Farm Credit Canada predicts that grocery inflation will dip below two percent by spring, Canadians are still preparing themselves for higher food prices.
However, the easing inflation doesn't equate to a decrease in overall prices. Statistics Canada's latest data reveals that between February 2021 and February 2024, grocery prices surged by nearly 22 percent.
According to a survey conducted by Nanos Research for CTV News, Canadians are more inclined to hold grocery stores accountable for the spike in food prices compared to any other factor.
The survey found that 32 percent of respondents identified grocery stores as the primary reason for the significant increase in food prices, up from 28 percent in 2023.
Farm Credit Canada notes that Canadians have been adjusting their spending on food and beverages in response to the rising costs.
CTVNews.ca aims to engage Canadians in discussions about their evolving food habits amid soaring food prices and the overall cost of living.
The platform seeks to delve into questions such as which foods consumers perceive as too expensive, which items they have eliminated from their grocery lists, and whether they have altered their dietary habits and consumption patterns.
Furthermore, the platform is interested in learning about any strategies or tips consumers have adopted to manage food expenses. Additionally, they aim to explore whether individuals are considering gardening or modifying their gardening practices in light of rising food costs.
