Food Freedom Day being celebrated a day later this yearThe impact of higher food prices has to be understood. CFA says Canadians spent 11 per cent of their disposable income on food during 2022, which was slightly higher than the 10.7 per cent in 2021. “Food Freedom Day taking place only a day later than in 2022 will likely come as a surprise to many with the current context of rising food prices and overall inflation,” CFA President Mary Robinson said. As can be seen, lower-income Canadian households are facing a heavier burden when it comes to rising food costs.”Higher food prices are no windfall for farmers who receive a small percentage of the price that consumers pay for food, Robinson said. “With food prices rising consistently and more quickly than overall inflation, we cannot ignore the challenges that many Canadians are facing when it comes to food affordability.

Source: National Post February 16, 2023 16:54 UTC