​Households will be paying more for their food next year

Meat prices have already been rising but the overall grocery bill is set to be higher next year according to Ontario’s University of Guelph Food Institute.

Meat prices have already been rising but the overall grocery bill is set to be higher next year according to Ontario’s University of Guelph Food Institute. Its annual food prices report predicts that vegetables, meat and fish will be 3-5 per cent more expensive with fruit and nuts up 1-3 per cent. Dairy, eggs and grains could be slightly cheaper or slightly more expensive. A weaker loonie is making imported food more expensive and at the same time crops are being hit by worse weather. The Food Institute’s predictions for this year proved slightly under the actual increases. 
 

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