With Tuesday’s release of new data from Statistics Canada, the conclusion is unequivocal: for the second consecutive month, Canada is posting the highest food inflation rate among G7 countries. Food inflation now stands at 7.3%.
Beef, nuts, pork, and even chicken are between 5% and 7% more expensive than a year ago. The only relief comes from eggs and fresh fruit, which are cheaper on a year-over-year basis.
