{"id":994804,"date":"2022-09-29T15:19:16","date_gmt":"2022-09-29T19:19:16","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=994804"},"modified":"2026-04-14T22:26:23","modified_gmt":"2026-04-15T02:26:23","slug":"food-prices-in-canada","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/savings-accounts\/food-prices-in-canada","title":{"rendered":"Food prices in Canada for 2023"},"content":{"rendered":"<p>Grocery shopping is a jaw-clenching, budget-busting experience these days. Even when you shop the sales and scan the flyers, food shopping is expensive.<\/p><p>According to Statistics Canada, the average Canadian household spent <strong>$10,265 on food in 2019.<\/strong><sup><a href=\"#source\">(1)<\/a><\/sup> Even with shortages during the pandemic lockdowns, Canadian families still spent less on groceries. Based on Statistics Canada, the average Canadian household now spends <strong>$14,767<\/strong> on groceries in 2022 \u2014 a whopping 36% increase in just three years. <sup><a href=\"#source\">(2)<\/a><\/sup><\/p><h3>Why is food so expensive in Canada in 2023?<\/h3><p>There are many factors that impact food prices in Canada \u2014 from rising interest rates to supply-chain bottlenecks to consumer preferences and the push for corporate profits.<\/p><p>\u201cThe astonishing price discrepancies observed among different stores highlight the need for improved monitoring and vigilance,\u201d explains University of New Brunswick, Department of Economics Associate Professor, Murshed Chowdhury. \u201cIn many instances, the price increases may stem from inadequate monitoring and a lack of corporate social responsibility. To determine whether these policies are driven by demand or supply factors, the Bank of Canada could employ surveys as a means of obtaining clear insights.\u201d<\/p><p>At Finder, our aim is to help you make better money decisions, so we dug into the factors that impact food prices in Canada. To help illustrate the growing grocery prices, here are <strong>13 food inflation statistics:<\/strong><\/p><h3>Food prices in Canada: 13 key statistics<\/h3><p><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">5% <\/b><\/strong><\/b> <strong>\u2014 Average food inflation between 2020 and 2021, across Canada<\/strong> <sup> <a href=\"#source\">(3)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">$14,767 <\/b><\/strong><\/b><strong> \u2014 Average annual food costs, per household, in 2022<\/strong><sup> <a href=\"#source\">(4)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">70%<\/b><\/strong> \u2014 The typical grocery bill increase between 2000 and 2020<\/b><sup> <a href=\"#source\">(5)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">23%<\/b><\/strong> \u2014 Average year-over-year price increase for cannabis products<\/b><sup> <a href=\"#source\">(6)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">13.2%<\/b><\/strong> \u2014 Average year-over-year price increase for fresh fruit<\/b><sup> <a href=\"#source\">(7)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">6.5%<\/b><\/strong> \u2014 Average year-over-year price increase for meat<\/b><sup> <a href=\"#source\">(8)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">26.9%<\/b><\/strong> \u2014 The portion of a food budget spent on eating out<\/b><sup> <a href=\"#source\">(9)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">$560<\/b><\/strong> \u2014 Typical per kilogram weight-loss cost, based on the cheapest popular diet <\/b><sup> <a href=\"#source\">(10)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">$1,962.51<\/b><\/strong> \u2014 Per person average annual cost of eating dinner out<\/b><sup> <a href=\"#source\">(11)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">1 in 4<\/b><\/strong> \u2014 Canadian shoppers will continue online grocery shopping<\/b><sup> <a href=\"#source\">(12)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">$29.8<\/b><\/strong> \u2014 How much the Canadian fast food industry is worth in 2022 in billions of dollars<\/b><sup> <a href=\"#source\">(13)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">1.5%<\/b><\/strong> \u2014 GDP contribution from restaurants, bars and caterers in Canada, as of 2019<\/b><sup> <a href=\"#source\">(14)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">$1,300<\/b><\/strong> \u2014 Cost of the food waste the typical Canadian household throws away, each year<\/b><sup> <a href=\"#source\">(15)<\/a><\/sup><\/p><article class=\"luna-card luna-card--alt\"><div class=\"luna-card__block\"><h4>What is food inflation and is it the same as rising food prices?<\/h4><p><strong>Food inflation:<\/strong> The progressive increase in the value of all food goods.<br><strong>Food price rise:<\/strong> The increase in the price of a product at the retail level.<\/p><\/div><\/article><p>\u00a0<\/p><p>By the end of 2021 and going into 2022, the general inflation rate was the highest it has been since the most recent peak in the early 2000s, right after the dot-com bubble burst.<\/p><p>According to data collected by Dr. Sylvain Charlebois, the lead author and project lead for the Dalhousie University\u2019s <em>Food Price Report<\/em>, food inflation outpaced general inflation over the last 20 years \u2014 with a typical grocery bill increasing by <strong>70% between 2000 and 2020<\/strong>.<sup> <a href=\"#source\">(16)<\/a><\/sup><\/p><p>So, what is causing food inflation in Canada? Increased food prices are due, in part, to:<\/p><ul><li>Higher fuel and transportation costs<\/li><li>Labour market challenges<\/li><li>On-going supply chain issues<\/li><li>Impact of climate change<\/li><li>Prolonged food insecurity<\/li><li>Higher living expenses, in particular, high housing costs throughout Canada<\/li><\/ul><p>Unfortunately, the factors causing food inflation in Canada didn\u2019t pop up when the pandemic hit in early 2019. Research from Dalhousie University analysts found that food inflation in Canada began well before the pandemic stressed supply chains and prompted staple shortages. According to data from Dalhousie University, Canada\u2019s median income grew <strong>6.6% between 2015 and 2019 <\/strong>but national average food expenditure increased by <strong>16.3% <\/strong>during the same time-frame.<sup> <a href=\"#source\">(17)<\/a><\/sup> Even before the pandemic hit and before the rapid increase in pricing in 2022, Canadians were already allocating a larger portion of their income to higher grocery prices.<sup> <a href=\"#source\">(18)<\/a><\/sup><\/p><p>\u00a0<\/p><hr><iframe id=\"datawrapper-chart-77LgZ\" title=\"Impact of rising prices on Canadians\" width=\"100%\" scrolling=\"no\" src=\"https:\/\/datawrapper.dwcdn.net\/77LgZ\/2\/\" loading=\"lazy\"><\/iframe><hr><h2>Demographic breakdown: Impact of rising food prices in Canada<\/h2><p>The impact of rising food prices did not impact every Canadian equally. Based on data collected by Dalhousie University, the rising costs of food inflation had a much larger impact on families with children under the age of 18.<sup> <a href=\"#source\">(19)<\/a><\/sup><\/p><p>For instance, a household with no dependants and two adults between the ages of 35 and 45, could expect to pay approximately $6,942 per year on food, in 2021. Compare this with the approximate $13,811 in annual food costs for a family of four with both kids in their teenage years.<\/p><hr><iframe id=\"datawrapper-chart-4xuNG\" title=\"Annual food expenses in 2021 by age and gender\" width=\"100%\" scrolling=\"no\" src=\"https:\/\/datawrapper.dwcdn.net\/4xuNG\/1\/\" loading=\"lazy\"><\/iframe><hr><h3>How Canadians respond to rising food costs<\/h3><p>When faced with an increase in the cost of living, many Canadians looked to slash their food and entertainment costs in order to save. Between April and June 2023, 14% of Canadians planned to cut back on food-related costs, according to survey data from the <em>Finder: Consumer Sentiment Survey Q2 2023<\/em>. This increased to 17% of respondents who planned to cut back on food-related costs between July and September 2023, according to survey data from the <em>Finder: Consumer Sentiment Survey Q3 2023.<\/em><\/p><iframe id=\"datawrapper-chart-V3QU1\/1\/\" title=\"Where Canadians Plan to Cut Expenses\" width=\"100%\" scrolling=\"yes\" aria-label=\"stacked bar chart\" src=\"https:\/\/datawrapper.dwcdn.net\/V3QU1\/1\/\" style=\"100%\" loading=\"lazy\"><\/iframe><hr><h3>Average food prices in Canada<\/h3><p>According to Statistics Canada, the pace of food inflation moved faster in the last year than in the last 40 years \u2014 and faster than the year-over-year price increase of soft drinks and alcoholic beverages, but not as fast as the astronomical price increase of cannabis products.<sup> <a href=\"#source\">(20)<\/a><\/sup><\/p><p>Soft drinks and alcoholic beverages5.1%<\/p><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"width: 65%; text-align: center;\" scope=\"col\">Food product<\/th><th style=\"width: 35%; text-align: center;\" scope=\"col\">Y-o-Y Change<\/th><\/tr><\/thead><tbody><tr style=\"text-align: left;\"><td>Food<\/td><td>7.20%<\/td><\/tr><tr style=\"text-align: left;\"><td>Soft drinks and alcoholic beverages<\/td><td>5.10%<\/td><\/tr><tr style=\"text-align: left;\"><td>Cannabis products<\/td><td>23.00%<\/td><\/tr><\/tbody><\/table><p>To get a better understanding as to what products impact the overall cost of food, Statistics Canada collects and records the ongoing cost of specific food items across Canada. Collected on a monthly basis, this data provides an opportunity to determine exactly what food prices are most impacted by inflationary pressures.<\/p><p>According to the August 2022 data, the average year-over-year price increase for the largest food categories was:<sup> <a href=\"#source\">(21)<\/a><\/sup><\/p><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"width: 65%; text-align: center;\" scope=\"col\"><strong>Food Product<\/strong><\/th><th style=\"width: 35%; text-align: center;\" scope=\"col\"><strong>Y-o-Y Change<\/strong><\/th><\/tr><\/thead><tbody><tr style=\"text-align: left;\"><td>Condiments, spices and vinegars<\/td><td>17.20%<\/td><\/tr><tr style=\"text-align: left;\"><td>Bakery products<\/td><td>15.40%<\/td><\/tr><tr style=\"text-align: left;\"><td>Non-alcoholic beverages<\/td><td>14.10%<\/td><\/tr><tr style=\"text-align: left;\"><td>Fresh fruit<\/td><td>13.20%<\/td><\/tr><tr style=\"text-align: left;\"><td>Sugar and confectionary<\/td><td>11.30%<\/td><\/tr><tr style=\"text-align: left;\"><td>Fish, seafood and other marine products<\/td><td>8.70%<\/td><\/tr><tr style=\"text-align: left;\"><td>Dairy products<\/td><td>7.00%<\/td><\/tr><tr style=\"text-align: left;\"><td>Meat<\/td><td>6.50%<\/td><\/tr><\/tbody><\/table><div class=\"eeQuote box u-rounded--lg source-external type-expert\">\n    <div class=\"eeQuote__gridContainer\">\n        <div class=\"eeQuote__photoContainer\">\n            <div class=\"eeQuote__startQuoteIcon\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"40\" height=\"36\" viewbox=\"0 0 32 28\" fill=\"none\">\n  <path d=\"M13.1114 3.54845C12.05 5.01898 11.1447 6.64935 10.3955 8.43956C9.64624 10.2298 9.24041 11.8282 9.17798 13.2348C10.7389 13.8102 11.9563 14.6733 12.8304 15.8242C13.767 16.975 14.2352 18.3816 14.2352 20.044C14.2352 22.0899 13.5484 23.8482 12.1749 25.3187C10.8637 26.7253 9.2092 27.4286 7.21127 27.4286C5.15091 27.4286 3.43394 26.7253 2.06036 25.3187C0.686788 23.9121 0 21.8661 0 19.1808C0 16.3037 0.749223 13.043 2.24767 9.3986C3.74611 5.75424 5.83769 2.62138 8.52241 0L13.1114 3.54845ZM30.8762 3.54845C29.8148 5.01898 28.9095 6.64935 28.1602 8.43956C27.411 10.2298 27.0052 11.8282 26.9428 13.2348C28.5036 13.8102 29.7211 14.6733 30.5952 15.8242C31.5317 16.975 32 18.3816 32 20.044C32 22.0899 31.3132 23.8482 29.9396 25.3187C28.6285 26.7253 26.974 27.4286 24.976 27.4286C22.9157 27.4286 21.1987 26.7253 19.8251 25.3187C18.4516 23.9121 17.7648 21.8661 17.7648 19.1808C17.7648 16.3037 18.514 13.043 20.0124 9.3986C21.5109 5.75424 23.6025 2.62138 26.2872 0L30.8762 3.54845Z\" fill=\"#232320\"><\/path>\n<\/svg>\n            <\/div>\n\n                            <figure class=\"eeQuote__photo\">\n                        <img decoding=\"async\" alt=\"Atif Kubursi's headshot\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/06\/AtifKubursi.jpeg\" class=\"avatar avatar-200 photo finder-avatar\" height=\"200\" width=\"200\" loading=\"lazy\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/06\/AtifKubursi.jpeg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/06\/AtifKubursi.jpeg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/06\/AtifKubursi.jpeg?fit=600 600w\" sizes=\"(max-width: 600px) 100vw, 600px\">\n                <\/figure>\n\n                                    <\/div>\n\n        <div class=\"eeQuote__contentContainer \">\n            <div class=\"eeQuote__content\">\n                                    <div class=\"eeQuote__heading\">Expert insight: Global influence and corporate greed play a part in rising food prices in Canada<\/div>\n                                <div class=\"eeQuote__quote\">\n                    <p>\"[Rising] food prices are reflecting supply chain issues fuelled by the war and climate change. There is [also] the issue of market power that large grocery stores are using \u2014 [and this influence] is reflected in their profit [margins].\"<\/p>\n\n                <\/div>\n            <\/div>\n\n                            <div class=\"eeQuote__authorInfo\">\n                                            <div class=\"eeQuote__authorPhoto--mobile\">\n                            <figure class=\"eeQuote__photo\">\n                                    <img decoding=\"async\" alt=\"Atif Kubursi's headshot\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/06\/AtifKubursi.jpeg\" class=\"avatar avatar-200 photo finder-avatar\" height=\"200\" width=\"200\" loading=\"lazy\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/06\/AtifKubursi.jpeg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/06\/AtifKubursi.jpeg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/06\/AtifKubursi.jpeg?fit=600 600w\" sizes=\"(max-width: 600px) 100vw, 600px\">\n                            <\/figure>\n                                                    <\/div>\n                                        <div class=\"eeQuote__authorDetails\">\n                                                    <a class=\"eeQuote__authorName\" href=\"https:\/\/erf.org.eg\/affiliates\/atif-kubursi-2\/\" itemprop=\"url\" target=\"_blank\">\n                                Atif Kubursi\n                            <\/a>\n                                                                            <div class=\"eeQuote__authorTitle\">President, Econometric Research Ltd.<\/div>\n                                            <\/div>\n                <\/div>\n                    <\/div>\n    <\/div>\n<\/div>\n<h3>Consumer habits and rising food prices in Canada<\/h3><p>While external factors, such as global supply chains and fuel prices, can impact the demand and cost of various food items, there is another more fickle factor that can have a significant impact on near-term food price fluctuations: consumer habits.<\/p><p>The impact of market sentiment could be viewed during the first few months of the pandemic restrictions when fear prompted consumers across North America to stock up and, in some cases, hoard various consumer staples such as toilet paper and bleach. The result was a quick spike in product costs for these sought-after items, followed by nationwide store regulations to limit the quantity and return of particular items.<\/p><p>Turns out consumer sentiment has always played a large role in the demand and subsequent cost of food and meal management.<\/p><p>For instance, research suggests that almost <strong>1 in 4 Canadians (22.2%)<\/strong> intend to continue their online grocery shopping and delivery services even after pandemic restrictions were lifted.<\/p><p>The impact of the pandemic also shifted where we want to get our food with <strong>3 out of 4 Canadians (75.2%)<\/strong> now supporting more availability and visibility of local food products and almost half <strong>(47.4%)<\/strong> with a strong intention of buying and supporting local food producers.<sup><a href=\"#source\">(22)<\/a><\/sup><\/p><p><a class=\"more-link-arrow\" href=\"https:\/\/www.finder.com\/ca\/digital-banking\/best-money-saving-app\">34 money apps to help you save money<\/a><\/p><h3>Impact of specific diets on food prices in Canada<\/h3><p>Pandemic constraints and global supply issues are not the only factors to shift consumer sentiment. Another major influence is overall food literacy and the popularity of specific diets.<\/p><p>As a concept, food literacy is the combination of skills and knowledge about food and how it relates to health and well-being as well as the environment and community. High food literacy means a person has a positive attitude and relationship with food and can consistently make and prepare healthy food choices.<\/p><p>According to academic researchers, overall food literacy appeared to improve in Canada during the pandemic \u2014 but this doesn\u2019t mean that many Canadians still don\u2019t struggle with being able to find and afford healthy food choices.<\/p><div class=\"u-grid\"><div class=\"u-grid__col u-1@s\" align=\"left\"><article class=\"luna-card luna-card--alt\"><div class=\"luna-card__block\"><div class=\"u-grid\"><div class=\"u-grid__col u-1\/2@s u-1\/4@m\"><div style=\"text-align: center;\"><img decoding=\"async\" class=\" size-full wp-image-1381171\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/06\/2022-canada-food-price-report-1.png\" alt=\"Canada's Food Price Report 2022\" width=\"200\" height=\"300\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/06\/2022-canada-food-price-report-1.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/06\/2022-canada-food-price-report-1.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/06\/2022-canada-food-price-report-1.png?fit=600 600w\" sizes=\"(max-width: 600px) 100vw, 600px\" loading=\"lazy\"><br><strong>Canada\u2019s Food Price Report 2022<\/strong><br>12th Edition<\/div><\/div><div class=\"u-grid__col u-1\/2@s u-3\/4@m\"><div><h3>Research from<\/h3><h4><strong>Dalhousie University, University of Guelph, University of Saskatchewan, University of British Columbia<\/strong><\/h4><blockquote class=\"blockquote--about\"><p>In 2022, food insecurity will be a big issue as Canadians\u2019 grapple with rising prices. Food programs may face increased demand along with higher costs for food, and food retailers may see increased rates of theft. We will continue to feel the growing impact of climate change and the continued effect of both transportation and labour market challenges.<\/p><\/blockquote><\/div><\/div><\/div><\/div><\/article><\/div><\/div><p>Quite often, Canadians will rely on specific diets as a way to make healthier food choices, but the success and cost of each diet can vary, sometimes quite dramatically.<\/p><h3>Cost of specific diets<\/h3><p>To assess the cost and efficacy of specific diets, Finder analyzed seven of the most popular diets among Canadians. Based on 35 standard recipes that reflected each diet\u2019s criteria, we collected food prices for all ingredients and calculated the overall cost of this diet for an entire year. (And, yes, we took into consideration that select ingredients could last and be used from one recipe to the next.) This analysis found that the <strong>most expensive diet was Atkins<\/strong> and the <strong>least expensive was keto<\/strong>, with the diets ranging in <strong>overall annual per person costs from $2,600 to more than $4,800<\/strong>.<sup><a href=\"#source\">(23)<\/a><\/sup><\/p><hr><iframe id=\"datawrapper-chart-8pRRv\" title=\"Annual cost of specific diets\" width=\"100%\" scrolling=\"no\" src=\"https:\/\/datawrapper.dwcdn.net\/8pRRv\/1\/\" loading=\"lazy\"><\/iframe><hr><h3>Success of specific diets<\/h3><p>But what about those looking to follow a specific diet in order to shed a few pounds? Did the most expensive diet also translate into the most effective when it came to losing weight?<\/p><p>To determine the success of these seven diets, Finder analyzed numerous academic studies from a variety of institutions, including the University of Toronto, McMaster University and the University of Alberta.<\/p><p>According to the analysis, the popular South Beach Diet was the most successful in helping people lose weight, with an average weight loss of 7.2 kilograms per year. The least successful was the paleo diet, with an average weight loss of 2.3 kilograms per year. (There were no available studies on average weight loss for Whole30, so this diet was not included in our comparison.)<\/p><hr><iframe id=\"datawrapper-chart-jUAXf\" title=\"Annual average weight loss for specific diets\" width=\"100%\" scrolling=\"no\" src=\"https:\/\/datawrapper.dwcdn.net\/jUAXf\/1\/\" loading=\"lazy\"><\/iframe><hr><p>According to the research, the diet that offers the <strong>best value is the South Beach Diet<\/strong>. Based on the <strong>average weight loss of 7.2kg per person<\/strong> and the average annual food costs of this diet, the typical person can expect to <strong>pay approximately $560 for every kilogram of weight loss<\/strong>.<\/p><hr><iframe id=\"datawrapper-chart-LRiwE\" title=\"Cost and success of a diet: What it costs to lose 1 kilogram\" width=\"100%\" scrolling=\"no\" src=\"https:\/\/datawrapper.dwcdn.net\/LRiwE\/3\/\" loading=\"lazy\"><\/iframe><hr><h3>Focus on Thanksgiving and holiday celebrations<\/h3><p>Food plays an important role in holidays and celebratory occasions in Canada. While recipes and traditions will vary based on a variety of reasons, many Canadians will use specific food items during specific holiday celebrations.<\/p><p>In Canada, turkey plays an important role in a number of annual celebrations, including Thanksgiving, Christmas and Easter. In fact, Thanksgiving, which is celebrated on the second Monday in October, is a statutory holiday in all provinces and territories except in the Atlantic provinces of PEI, Newfoundland and Labrador, New Brunswick and Nova Scotia.<\/p><p>Good thing, then, that the number of turkey farmers held relatively steady over the last 20 years. As of 2021, there are more than 500 turkey growers in Canada, with the majority of these farmers located in Ontario and Quebec. Over the last 20 years, the value of turkey production has grown from annual revenues of <strong>$163,168 in 1981<\/strong> to <strong>$397,105 in 2021<\/strong>.<sup><a href=\"#source\">(24)<\/a><\/sup><\/p><p>To bring a bit more perspective, here are nine turkey, Thanksgiving and holiday facts and stats:<\/p><h3>Thanksgiving: 9 facts and holiday statistics<\/h3><p><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">143 <\/b><\/strong><\/b><strong> \u2014 Number of years Canadians have celebrated Thanksgiving (from 1879 to 2022)<\/strong><sup><a href=\"#source\">(25)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">513 <\/b><\/strong><\/b><strong> \u2014 Number of turkey farmers in Canada, as of 2021<\/strong><sup><a href=\"#source\">(26)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">7<\/b><\/strong> \u2014 Number of commercial turkey hatcheries in Canada, as of 2021<\/b><sup><a href=\"#source\">(27)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">24.9<\/b><\/strong> \u2014 How many millions of kilograms that Canadian turkey farmers export<\/b><sup><a href=\"#source\">(28)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">7 million<\/b><\/strong> \u2014 Number of whole turkeys consumed by Canadian households <\/b><sup><a href=\"#source\">(29)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">36%<\/b><\/strong> \u2014 Percentage of whole turkeys purchased by Canadians for Thanksgiving<\/b><sup><a href=\"#source\">(30)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">2.9 million<\/b><\/strong> \u2014 Number of whole turkeys purchased by Canadians for Christmas <\/b><sup><a href=\"#source\">(31)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">6.2 kg<\/b><\/strong> \u2014 Maximum weight for a \u2018broiler\u2019 turkey<\/b><sup><a href=\"#source\">(32)<\/a><\/sup><br><b><strong style=\"color: blue;\"><b style=\"font-size: 130%;\">1957<\/b><\/strong> \u2014 The year parliament the second Monday in October officially Thanksgiving<\/b><sup><a href=\"#source\">(33)<\/a><\/sup><\/p><h3>Average retail price for a turkey<\/h3><p>Like all food costs, the price for a turkey has increased over the years.<sup><a href=\"#source\">(34)<\/a><\/sup><\/p><hr><iframe id=\"datawrapper-chart-kEMyL\" title=\"Average retail price for turkey: 2017 to 2021\" width=\"100%\" scrolling=\"no\" src=\"https:\/\/datawrapper.dwcdn.net\/kEMyL\/3\/\" loading=\"lazy\"><\/iframe><hr><h3>The cost of eating out<\/h3><p>Food inflation and rising food prices didn\u2019t just impact Canadians at the grocery store. Restaurants and meal preparation businesses were also hit with higher food costs and as a result, the cost of eating away from home also increased.<\/p><p>According to Statistics Canada, the average Canadian household spent more than a quarter <strong>(26.9%)<\/strong> of their food budget on meals and snacks purchased outside of the home in 2019.<sup><a href=\"#source\">(35)<\/a><\/sup><\/p><p>Assuming a similar amount is spent today, that would mean <strong>almost $4,000 of a typical Canadian\u2019s food budget goes towards take-out and eating out<\/strong>.<\/p><p>\u00a0<\/p><hr><iframe id=\"datawrapper-chart-8FQD1\" title=\"Where Canadians spend their eating-out dollars\" width=\"100%\" height=\"700\" scrolling=\"no\" aria-label=\"Pie chart\" src=\"https:\/\/datawrapper.dwcdn.net\/8FQD1\/2\/\" style=\"100%\" loading=\"lazy\"><\/iframe><hr><iframe id=\"datawrapper-chart-IU4BA\" title=\"What Canadians eat at home and away from home\" width=\"100%\" height=\"500\" scrolling=\"no\" aria-label=\"Pie chart\" src=\"https:\/\/datawrapper.dwcdn.net\/IU4BA\/2\/\" style=\"100%\" loading=\"lazy\"><\/iframe><hr><p>Looking to increase your fruit or vegetable intake? Consider shopping for frozen fruit delivered through these grocery stores. For fresh vegetables, a number of grocery and specialty stores will deliver or opt for frozen vegetables delivered right to your door.<\/p><h4>Impact of pandemic restrictions on eating out<\/h4><p>Pandemic restrictions certainly altered how and where we spend our money. While eating out was certainly impacted, since restrictions limited public gatherings for a significant period of time, it did not seem to dampen how much we spend on take-out and on prepared food purchased outside of the home.<\/p><p>Between 2016 and 2021, the fast food industry grew by <strong>1.3%<\/strong> and by the end of 2021, the industry was worth <strong>$27 billion<\/strong> \u2014 and this was after a year of pandemic restrictions. As restrictions began to lift, fast food restaurants in Canada began to experience a surge in sales with a reported <strong>8.2% market growth in 2022<\/strong>. Now, the market size for the fast food industry in Canada is worth <strong>$29.8 billion<\/strong>.<sup><a href=\"#source\">(36)<\/a><\/sup><\/p><p>However, the entire food industry in Canada was not spared the negative impact of pandemic restrictions. In 2019, the total amount of annual sales generated by restaurants, bars and caterers in Canada, was <strong>$79 billion<\/strong> \u2014 <strong>1.5% of Canada\u2019s GDP<\/strong>.<sup><a href=\"#source\">(37)<\/a><\/sup> While food industry sales are predicted to rebound in 2022, analysts are not confident that sales will return to pre-2019 levels. In fact, reports from Restaurants Canada, the largest membership organization and the only national association for the food service industry, predict that real sales in 2022 will be <strong>11% lower than 2019 annual sales<\/strong>, once adjusted for inflation.<sup><a href=\"#source\">(38)<\/a><\/sup><\/p><p>To survive pandemic restrictions, <strong>80% of Canadian restaurants took on debt<\/strong>. Now, in 2022, these same restaurants are battling food inflation. According to Restaurants Canada, consumers paid an average of <strong>6.6%<\/strong> more for food at restaurants in 2022 compared to 2021 prices. This is based on the average increase in full-service restaurant menu prices of 6.5% from 2021 t0 2022 along with an average increase in quick-service restaurant menu prices of 6.7% between 2021 and 2022. <sup><a href=\"#source\">(39)<\/a><\/sup><\/p><h3>5 smart ways to cut food costs<\/h3><p>When it comes to eliminating costs it can be hard to reduce your food bill \u2014 but not impossible. Use these five tips to help curb grocery bill inflation.<\/p><article class=\"luna-card luna-card--shadow\"><div class=\"luna-card__block\"><h4>Make a meal plan<\/h4><p>The average family of four throws out 140 kilograms of food \u2014 with an approximate annual cost of $1,300 per year.<sup>(40)<\/sup> To avoid this waste, experts strongly advise that all grocery shoppers avoid stepping foot into a grocery store until they have a meal plan (and a shopping list).<\/p><p>A meal plan helps to accomplish two things:<\/p><ol><li>Helps you focus on buying what you need, not what you impulsively want<\/li><li>Helps reduce food waste<\/li><\/ol><p>Create a meal plan by examining flyers, your current fridge contents and what is in your pantry. If finding recipes with various ingredients is difficult, consider using an app. Popular (and free) options include the <a href=\"https:\/\/www.allrecipes.com\/\" target=\"_blank\" rel=\"noopener\">AllRecipes Dinner Spinner<\/a> or <a href=\"https:\/\/www.supercook.com\/\" target=\"_blank\" rel=\"noopener\">Supercook<\/a>.<\/p><\/div><\/article><article class=\"luna-card luna-card--shadow\"><div class=\"luna-card__block\"><h4>Now, make a shopping list<\/h4><p>In combination with a meal plan, a shopping list helps to minimize the impact of rising food costs. According to research from the University of Pennsylvania, <strong>shopping <em>without<\/em> a list can increase your grocery bill by 23% due to unplanned purchases<\/strong>.<sup><a href=\"#source\">(41)<\/a><\/sup><\/p><\/div><\/article><article class=\"luna-card luna-card--shadow\"><div class=\"luna-card__block\"><h4>Maximize meatless options<\/h4><p>For those trying to combine food savings with a smaller footprint on the environment, one good option is to consider going meatless.<\/p><p><strong>Canadians spend just under $1,500 on meat each year<\/strong>. Skip the meat aisle and the average Canadian could <strong>save more than $120 per month<\/strong>.<sup><a href=\"#source\">(42)<\/a><\/sup><\/p><\/div><\/article><article class=\"luna-card luna-card--shadow\"><div class=\"luna-card__block\"><h4>Cash in on rewards programs<\/h4><p>Consider making the money you spend on groceries work for you. A simple way is to opt-in to store rewards or shop using a credit card with higher reward incentives for food purchases. The key is to be sure that any credit card used actually saves you money and doesn\u2019t add to your overall costs (either with an annual fee or a high interest charged on monthly balances). Since no single credit card is the best choice for every single consumer, it pays to compare your options.<br><a class=\"more-link-arrow\" href=\"https:\/\/www.finder.com\/ca\/credit-cards#compare\">Compare the best credit cards for groceries<\/a><\/p><\/div><\/article><article class=\"luna-card luna-card--shadow\"><div class=\"luna-card__block\"><h4>Double down on rewards<\/h4><p>These days just about every store and card has a loyalty program, plus there are stand-alone apps with great incentives. For instance, Flipp helps identify the lowest price on grocery staples you flag in the app, while Flashfood lets Superstore shoppers buy heavily discounted food that are perfect for immediate use.<br><a class=\"more-link-arrow\" href=\"https:\/\/www.finder.com\/ca\/digital-banking\/best-money-saving-app\">34 of the best money saving apps<\/a><\/p><\/div><\/article><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000000\" data-toggle=\"collapse\" data-target=\"#accordion0000000000\">\n        <span class=\"luna-accordion__title\">Survey Methodology \u2014 <em>Finder: Consumer Sentiment Survey Q2<\/em> + <em>Finder: Consumer Sentiment Survey Q3<\/em> <\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000000\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><p>The results of the <em>Finder: Consumer Sentiment Survey Q2<\/em> (<em>Finder: CSTQ2<\/em>) were collected through an online Pollfish survey conducted between April 27 to 29, 2023. In the survey, 1,011 Canadians from across the country were asked about their current financial confidence, where they planned to make changes and what products or services they planned on buying or using. The estimated margin of error for the survey is +\/- 3.08%, 19 out of 20 times.<\/p><p>The results of the <em>Finder: Consumer Sentiment Survey Q3 (CSTQ3)<\/em> were collected through an online Pollfish survey conducted between August 10 to 21, 2023. In the survey, 1,013 Canadians from across the country were asked about their current debt obligations, among other questions regarding money goals and financial confidence. The estimated margin of error for the survey is +\/- 3%, 90% of the time.<\/p><\/div>\n  <\/div>\n<\/li><\/ul><div id=\"sources\"><div id=\"sources\" style=\"position: relative;\"><h3 style=\"position: absolute; width: 1px; height: 1px; padding: 0; margin: -1px; overflow: hidden; clip: rect(0,0,0,0); white-space: nowrap; border: 0;\">Sources<\/h3>\n<div id=\"lazy0000000000\"><\/div>\n<script type=\"application\/json\" id=\"lazyloaded-assets-json-lazy0000000000\" class=\"lazyloaded-assets-json\">{\"critical-scripts\":[],\"scripts\":[\"https:\\\/\\\/www.finder.com\\\/parent-theme\\\/shortcodes\\\/article-source\\\/prod\\\/article-source.de087a0da9824e407767.js\"],\"styles\":[\"https:\\\/\\\/www.finder.com\\\/parent-theme\\\/shortcodes\\\/article-source\\\/prod\\\/article-source.87684078d471e76125dd.css\"]}<\/script><\/div><\/div><div class=\"box has-shadow\">\n<h3>About Finder<\/h3>\n<p><a href=\"https:\/\/www.finder.com\/ca\">Finder<\/a> is a personal finance comparison site with a mission to help Canadians save, invest, spend wisely and grow their wealth. Each month, Finder provides half a million Canadians \u2013 and more than five million globally \u2013 with independent and trustworthy financial information. Our goal is to help people make better financial decisions by providing objective, comparative insight on thousands of products and services.<\/p>\n\n<p>As a global fintech website and app, Finder provides consumers free access to smart money content. Whether it's expert insight, product or service comparisons or independent reviews, Finder helps consumers stay on top of their finances while saving time and money.<\/p>\n\n<p>Finder is available to consumers in Canada, Australia, America and the United Kingdom. Initially launched in 2006 by three Australians \u2013 Fred Schebesta, Frank Restuccia and Jeremy Cabral \u2013 Finder's global reach now includes thousands of products and services in hundreds of financial categories and provides expert content and independent reviews to more than five million users each month.<\/p>\n\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Key statistics on grocery shopping show that food prices in Canada are rising quickly and that the 20-year food inflation trend isn&#8217;t slowing. <\/p>\n","protected":false},"author":1275,"featured_media":1019534,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[483],"tags":[107302,107226],"asset_tag":[],"class_list":["post-994804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-savings-accounts","tag-cst-research","tag-research-post"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.9 (Yoast SEO v24.9) - 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