Canadian Families Will Pay $995 More for Food in 2026: Food Price Report

Canadian Families Will Pay $995 More for Food in 2026: Food Price Report
A customer shops at a No Frills grocery store in Toronto on May 30, 2024. The Canadian Press/Chris Young
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The average family of four in Canada is expected to pay an additional $994.63 for food in 2026 compared to the previous year, according to a new report, with overall grocery prices expected to increase by 4 to 6 percent.

The 2026 edition of Canada’s Food Price Report considered several factors when forecasting price increases, such as trade disputes with the United States, changes to the food manufacturing and grocery store landscape, labour markets, policy changes, and the strength of the Canadian dollar.