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Canada's High food Prices Are Soaring


     Canada's food prices are on the rise. Why is Canada having inflation issues regarding food? What is the solution to these rising food prices?



     According to Statistics Canada, as reported on CBC News, the inflation is being caused by the Russian invasion of Ukraine alongside rising fuel costs. With the rising cost of food, Canadians have had a difficult time affording food for their families. According to Statistic Canada, fruit prices are up by 10%, vegetable prices are up by 8.2%, and meat prices are up by 10.1%. Bread, cereal, pasta, rice and coffee have increased in prices too.



     Food prices will continue to increase if there is no real solution to this problem. According to Dal.ca, food prices in Canada are expected to rise anywhere from 5% to 7% in the coming year. There are some things Canadians can do to decrease the cost of food like using coupons to save. If Canadians use coupons, they can save about 20 to 30% on food. Also, Canadians can try generic brands which cost less and shopping at affordable grocery stores like a dollar store.



     Canada's growing food prices is a serious issue. While people in Canada feel that there are certain ways to reduce the cost, many people feel hopeless. Is Canada's government enacting measures to relieve this problem? Perhaps, the government may feel that the prices will eventually decrease so there is no need to do anything about it at this time, or it may feel that people have options to reduce their food prices. In reality, there have to be more government-backed solutions. If nothing is done about food inflation soon, it may turn into an issue too extensive to solve and one in which more people will feel the devastating effects of.


 


 


 


 


 


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Tags: #Economics# Recession Inflation#



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