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Ottawa-After all the controversy about food price increases during 2022, the Canadian Federation of Agriculture has calculated that it only needs to add one day to the amount of time it will take a household of average income to earn enough to pay this year’s entire grocery bill.
“Food Freedom Day taking place only a day later than in 2022 will likely come as a surprise to many with the current context of rising food prices and overall inflation,” CFA President Mary Robinson said. It acknowledged that the meaning of the average Canadian represented by the Food Freedom Day metric does not match the experiences and struggles many people faced last year with rising food prices.
CFA said that food and beverage spending is fairly rigid. “Those households in the highest income quintile only spent 39 per cent more on food and beverages than the lowest income quintile, despite having over 500 per cent more disposable income. As can be seen, lower-income Canadian households are facing a heavier burden when it comes to rising food costs.”
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