CHARLEBOIS: Systemic issues to blame as food inflation worsens in Canada |
Blaming greed may be politically convenient, but it does little to lower food prices across our nation
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Food inflation in Canada is once again moving in the wrong direction. In November, it rose to 4.2%, up from 3.4% the previous month. More troubling still, inflation for food purchased in stores climbed to 4.7%, the highest level since December 2023. For households already stretched thin, these numbers are not noise — they are signals.
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A comparison across the G7 underscores Canada’s vulnerability. The gap between food inflation and overall........