The average family of four in Canada is expected to pay an additional $994.63 for food in 2026 compared to the previous year, according to a new report, with overall grocery prices expected to increase by 4 to 6 percent.
The 2026 edition of Canada’s Food Price Report considered several factors when forecasting price increases, such as trade disputes with the United States, changes to the food manufacturing and grocery store landscape, labour markets, policy changes, and the strength of the Canadian dollar.
“Despite steadier inflation, Canadian families are still feeling the squeeze at the grocery store,” said the report’s lead author Sylvain Charlebois, senior director of the agri-food analytics lab and a professor in food distribution and policy at Dalhousie University….