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Food prices in Canada likely to increase by 3 to 5% next year: report

That’s the conclusion of the 15th annual food price report released Thursday by a partnership that includes researchers at Dalhousie University, the University of Guelph, University of Saskatchewan and University of British Columbia.

The report’s authors used three different machine learning and AI models to make their predictions, and concluded a Canadian family of four can expect to spend $16,833.67 on food in 2025 — an increase of up to $801.56 from last year.

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