How the skyrocketing cost of baby formula is hurting families that can least afford itPeople are having to pay more for baby formula in Canada and that's putting pressure on families who can't afford to shoulder those cost increases. Consumer Price Index data from Statistics Canada shows that infant formula prices were up 11.8 per cent in March 2023 compared to a year earlier. Acadia University's Frank said families struggling to pay high prices for formula can end up having to make choices that may impact their babies or families. Frank points out that the high cost of formula and what it means for families has been "a longstanding story in Canada." CBC Radio's Cost of Living has previously reported that baby formula prices have typically doubled every 10 to 15 years in Canada.


Source:   CBC News
May 13, 2023 15:04 UTC