CBC
Food prices could jump by up to 5% in 2025, and researchers say loonie is partly to blame
An annual report on food prices in Canada is predicting more pressure on grocery costs in the coming year — but it also notes that some prices in 2024 were lower than predicted.TheFood Price Report, released Thursday, is forecasting that Canadians will see the biggest price jumps next year in meat and vegetables, along with a jump in the cost to eat at restaurants. Food prices overall are estimated to increase by three to five per cent compared to 2024 — higher than the Bank of Canada’s inflatio