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Media Highlight: Dalhousie researchers predict Canadian families will spend up to $420 more on groceries in 2017

Posted by Communications and Marketing on December 9, 2016 in Media Highlights

The typical Canadian family will spend up to $420 more on groceries and dining out next year, getting little relief from a recent drop in the cost of food, suggests a new report released Monday. A study by researchers at Dalhousie University in Halifax estimates food inflation will increase in 2017, driven by a falling loonie and U.S. president-elect Donald Trump's first year in the White House.

Food prices overall are expected to rise between three and five per cent, with meat (especially chicken and pork), vegetables, fish and other seafood among those projected to jump by four to six per cent.

Read more (http://toronto.ctvnews.ca/canadian-families-to-spend-up-to-420-more-on-groceries-restaurants-in-2017-report-1.3191490