Insights and Stories on Inflation

Dec. 7, 2023 at 1:21 pm CST

Canadian food prices are expected to rise between 2.5 and 4.5 per cent in 2024, according to a new report. “It is probable that Canadians will continue to experience the strain of food inflation compounded by increasing costs of housing, energy and various other expenditures,” according to Canada’s Food Price Report 2024.

By Gord Gilmour

Nov. 1, 2023 at 2:38 pm CDT

The farmgate price of milk will go up May 1, 2024, rather than Feb. 1, after a review of the national pricing formula and consultation with stakeholders. The increase will be 1.77 per cent, or about 1.5 cents per litre for milk going into processing plants, the Canadian Dairy Commission […]

By Karen Briere

Oct. 27, 2023 at 9:33 am CDT

A recent report by the United States Department of Agriculture paints a grim picture of Canadian beef cattle numbers in 2024. According to a western Canadian market analyst, most of that forecast checks out. The report, published by the USDA’s Foreign Agricultural Service office in Ottawa in late September, predicted […]

By Jeff Melchior

Oct. 17, 2023 at 4:56 pm CDT

When asked which life issues they were most concerned about, 54 per cent flagged the cost of food as a top concern—up from 51 per cent last year, the report said.

By Glacier FarmMedia staff

Sep. 18, 2023 at 7:44 pm CDT

Ottawa | Reuters — Canada’s five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks to address an issue that is hurting the ruling Liberals. Innovation Minister Francois-Philippe Champagne made the announcement after two hours […]

By David Ljunggren, Steve Scherer