Technology

Your supermarket will cost you $ 1,000 more in 2022

Food prices, which rose 3.9% in 2021 in Canada, are expected to rise between 5% and 7% next year. Therefore, a family of four will have to pay an additional $ 966 for food, according to the 2022 Annual Food Price Report, released Dec. 9.

Dairy products and restaurant meals will see the largest increases, ranging from 6 to 8%, according to the report by the universities of Dalhousie, Guelph, Saskatchewan and British Columbia. Vegetables and baked goods should cost 5% to 7% more, fruits 3% to 5%, and meat and seafood 0% to 2%.

The report’s authors predict that for a family of four made up of two adults ages 31 to 50, a teenager ages 14 to 18, and a girl ages 9 to 13, spending on food will reach $ 14,767. That’s $ 36. $ 966.08 more than the annual cost observed in 2021.

This is the largest expected increase in 12 years since this report was published.

It is mainly due to the effects of the pandemic and sanitary measures in supply chains. The authors mention, in particular, high transportation costs, reduced shipping capacity, and more expensive labor. Drought conditions and wildfires in 2021 also contributed to the rise in food prices.

Several of these factors will continue to work in 2022, the report notes. There will be effects of the carbon tax, which will drop from $ 40 per ton of GHG in 2021 to $ 50 per ton in 2022. It contributes to increasing costs at all levels.

Increase in requests for assistance.

The report emphasizes that rising food prices will hit the less fortunate the hardest, as well as women, indigenous peoples, people of color and other vulnerable populations. In this way, he foresees an increase in demand in food banks since wages do not increase enough.

These same organizations may find it more difficult to meet these new demands as food prices rise and their budgets stagnate, according to the report.

Shortage Announced

Empty shelves and the reduction in the amount of products available in grocery stores may become “a common sight due to the combination of logistics and labor problems,” the report read.

Restaurant owners may also have to restrict the number of dishes on their menu to reduce losses.

Expected increase in 2022

• Dairy products: 6 to 8%
• Restaurants: 6 to 8%
• Bakery: 5 to 7%
• Vegetables: 5 to 7%
• Fruits: 3 to 5%
• Others: 2 to 4%
• Seafood: 0 to 2%
• Meats: 0 to 2%

>> Also read: Food waste: what your garbage hides and increasingly privileged local purchases

.

Woodmart Theme Nulled, WP Reset Pro, Newspaper 11.2, Newspaper – News & WooCommerce WordPress Theme, Premium Addons for Elementor, Rank Math Seo Pro Weadown, WeaPlay, WordPress Theme, Plugins, PHP Script, Jannah Nulled, Elementor Pro Weadown, Woocommerce Custom Product Ad, Business Consulting Nulled, Jnews 8.1.0 Nulled, Avada 7.4 Nulled, Nulledfire, Dokan Pro Nulled, Yoast Nulled, Flatsome Nulled, PW WooCommerce Gift Cards Pro Nulled, Astra Pro Nulled, Woodmart Theme Nulled, Slider Revolution Nulled, Wordfence Premium Nulled, Elementor Pro Weadown, Wpml Nulled, Consulting 6.1.4 Nulled, Fs Poster Plugin Nulled

Back to top button