Sarnia

Study: Expect Slight Increase In Canadian Food Prices In 2015

A University of Guelph study says Canadian's grocery bills will increase only slightly in 2015.

The report expects the increase to be between 0 point 3 per cent and 2 point 4 per cent.

However, it also expects there to be some hot spots.

That includes increases of 3 to 5 per cent for meat, fish and other seafood and vegetables.

But the University's researchers say that will be balanced off by some staples, such as dairy and eggs, possibly being less expensive in 2015.

Professor Sylvain Charlebois says global issues are affecting Canada more than ever.

He says even as agriculture becomes more efficient, the demand for meat protein around the world is growing at a very rapid pace.

Charlebois says that's one of the factors driving up meat prices here in Canada.

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