Thanksgiving dinner will come with a hefty price tag for Canadians this year, according to data compiled by Dalhousie University's Agri-Food Analytics Lab.
Sylvain Charlebois, who teaches food policy at the university and directs the lab, explains prices for some Thanksgiving dinner staples have increased by as much as 26 per cent compared to March 2020 and 22 per cent compared to this time last year.on Sept. 20 that across all retail food items, inflation is up 10.8 per cent.
Potatoes are 22 per cent more expensive compared to last year, and 26 per cent more expensive compared to March 2020.The price of bread has increased by 13 per cent compared to last year, and 21 per cent compared to 2020. Cranberries are 12 per cent more expensive compared to last year, and 14 per cent more expensive compared to 2020, and the price of butter is up 13 per cent compared to last year and 25 per cent compared to March 2020.
“Generally speaking, we need to recognize this is a global phenomenon,” Charlebois said. “Within the G7, Canada has the third-lowest food inflation rate right now. Only Japan and France have a lower inflation rate.”One of the main drivers of global food inflation, Charlebois said, is still supply chain disruption caused by the COVID-19 pandemic and complicated by labour shortages.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
![Chainlink’s [LINK] near-term price action can be catalyzed by the following](https://i.headtopics.com/images/2022/9/26/cryptoamb/chainlink-s-link-near-term-price-action-can-be-cat-chainlink-s-link-near-term-price-action-can-be-cat-1574150561129287680.webp?w=640)
Chainlink’s [LINK] near-term price action can be catalyzed by the followingIn light of the approaching Chainlink event – Smartcon – scheduled for 28 September, all eyes appear to be on LINK. Thanks to attention from both whales and social media, LINK’s price has been rising on the charts over the last 24 hours. Ergo, the question – Will LINK continue to rise or will it face […]
Read more »
Cavalry, Ottleti meet at ATCO Field with new CPL rewards in lineThe Canadian Premier League will honour its regular\u002Dseason champion, beginning this year.
Read more »
It now costs nearly $600 more to rent a Toronto apartment than one year agoRenting a place to call home in the Greater Toronto Area (GTA) is no cheap prospect, and it's only getting more expensive to live in the country's ...
Read more »
Canadian Food Inspection Agency raises alarm as spotted lanternfly pest nears borderThe Canadian Food Inspection Agency is asking Canadians to keep an eye out for an invasive bug that could spell disaster for the country's wineries and fruit growers.
Read more »
Andre De Grasse, Fabienne Colas and Kayla Grey honoured at The Legacy AwardsShamier Anderson and Stephan James founded The Legacy Awards in order to spotlight exceptional Black Canadians
Read more »