Prices at grocery stores in Canada take a tumble
NANAIMO — One of Canada’s top food experts says prices at grocery stores are falling and he expects Canadians will be paying less to put food on the table for at least the next few months.
Dr. Sylvain Charlebois, professor of food distribution and policy at Dalhousie University, says Statistics Canada data from August shows deflationary food prices in Canada for what he believes is the first time in nearly four years.
“Both fruits and vegetables are down on average five to eight per cent and so that’s quite dramatic in just a month and that’s due to our strong dollar,” says Charlebois.
Charlebois says prices have been tumbling at Canadian grocery stores over the last 30 to 60 days for a number of reasons, including a strong North American agriculture sector leading to extra inventory and a competitive grocery store market in Canada.