07 december 2012

Canadian Food Forecast for 2013 – Stock up and shop better!


Several food items expected to cost more in 2013
Photo courtesy of CBC

When it comes to Canadian food prices there’s good news and bad, and an astounding statistic!  According to researchers at the University of Guelph “people in Canadian households will WASTE almost half of the food they purchase.”  It’s a shocking finding when we hear at the same time, that more and more Canadians are resorting to food banks to provide food for their families.

Professor Sylvain Charlebois is associate dean of research and graduate studies in Guelph’s College of Management and Economics.  He says Canadians can become “astute food waste managers” by paying more attention to what they buy, and buying a little less.  Practices such as checking expiry dates more carefully, and buying just enough to eat, would go a long way to eliminating this waste.
When asked about restaurants, Professor Charlebois said asking questions about serving sizes, and requesting smaller portions can help and he suggests the popular “all you can eat buffet” may eventually become obsolete, as prices for meat and dairy products are expected to increase dramatically.

The price of beef may increase by up to 8% next year.  Professor Charlebois says the price of chicken and pork will also increase as a result of the drought in the United States last year.  The price of the grain to feed the animals has gone up so much that the cost must now be paid by consumers. 

There is good news. The price of fruit and vegetables will remain stable due to the value of the Canadian dollar as we can buy more for less.  And the opening of large American retailers such as Target is expected to benefit consumers as the increased competition will keep prices in check.

Carmel Kilkenny spoke with Professor Sylvain Charlebois about the trends in food prices:
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