Food inflation in Canada rose to 3.4% in August, continuing to outpace overall inflation and putting pressure on households nationwide.
Key Takeaways
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Policy-driven inflation: Federal counter-tariffs raised grocery costs in multiple categories, with Ottawa’s political decisions directly hitting consumers.
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Meat remains costly: Drought and shrinking cattle herds drove beef prices up 10.5%, with high costs expected through 2027.
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Mixed price trends: Produce and staples like rice fell modestly, showing variability in the aisle despite broader inflationary pressures.
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