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Climate change to push food prices higher, report predicts up to 4% hike in 2020

The average Canadian family will pay up to an extra $487 on feeding themselves next year, according to an annual food price report that highlights climate change as a major culprit for rising food prices, especially in the produce department.

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Food Prices Expected To Increase In 2020

The 10th annual edition of Canada’s Food Price Report forecasts a 2 to 4% increase in food prices in 2020, bringing the predicted annual cost of food for the average Canadian family to $12,667, an increase of $487 over 2019. Canada’s Food Price Report 2020 is released jointly by Dalhousie University and the University of Guelph.