Key Takeaways:
- According to the new study, a growing number of Canadians struggle to keep up with rising food prices, including necessities such as pasta, bread, and pork.
- According to Statistics Canada, consumers paid 9.7% more for food in stores in April than a year ago, the largest increase since September 1981.
As per the new survey, an increasing proportion of Canadians struggle to keep up with rising food prices, including staples like pasta, bread, and meat.
According to a poll conducted by Food Banks Canada, hunger and food insecurity are rising across the nation, with lower-income Canadians bearing the brunt of inflation.
According to Mainstreet Research, nearly a quarter of Canadians say they eat less than they should because they don’t have enough money to eat – a ratio nearly doubles for those earning less than $50,000 per year.
In addition, one out of every five Canadians reported getting hungry at least once between March 2020 through March 2022.
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From February 25th to March 2nd, an automated telephone interview poll polled 4,009 adults.
According to Food Banks Canada CEO Kirstin Beardsley, most food banks are already at capacity, and this summer is projected to be the most difficult in the organization’s 41-year history.
“Food banks across the country are seeing a rise in the number of Canadians accessing food banks for the first time, with some locations seeing up to a 25% increase,” she said.
“Canadians are telling us that rising housing, petrol, energy, and food costs are causing them to run out of money for food.”
According to Statistics Canada, consumers paid 9.7% more for food in stores in April than a year ago, the highest increase since September 1981.
According to the government agency, pasta prices grew 19.6% year over year, cereal prices increased 13.9%, bread prices increased 12.2%, and fresh fruit prices increased 10%.
Source: CTV News
