food prices canada

Vancouver's cost of living is no joke, and this TikToker broke down what a realistic budget is for someone making around $40,000 a year living in the pricey city.

People feeling the struggle of rising grocery costs in Canada were shocked to find out she only budgets $300 per month for it, so Narcity got some tips from the TikToker, @chelseaspursuit, on how she makes it happen — and it could save you some serious cash.

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Inflation in Canada has become a daily talking point for Canadians across the country, especially as the inflation rate drives the price of groceries, gasoline and other essential items higher.

However, the latest Consumer Price Index (CPI) — a report put out by Statistics Canada to measure inflation — has reported that inflation is on a downward slope and some essential items are actually getting cheaper.

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A grocery shopper in Airdrie, Alberta wasn't impressed when they came across a pack of five chicken breasts for $33.55 at No Frills, and they took it to the Calgary Reddit community.

People were riled up after seeing the steep price, calling out the store for hefty costs and getting into some heated debates about where to get the best deals. But as Canada's Food Price Report 2023 predicted a 5% to 7% increase in food prices this year, this might just be the start of it.

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High grocery store prices in Canada are something nearly every Canadian has had to contend with over the last year or so.

However, shoppers are set to see the high cost of groceries in Canada addressed, as the government has been prompted to take action.

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If you've noticed the cost of just about everything has been hitting your wallet a little harder, you can thank Canada's inflation rate.

According to an annual report from Statistics Canada, released on January 19, the Consumer Price Index "rose 3.4% on an annual average basis in 2021, following an increase of 0.7% in 2020."

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