Canada: Report expects restaurant spending to reach record levels in 2018Staff Writer | December 14, 2017
The annual food expenditure for a family of four is expected to rise by $348 to a total of $11,948 in 2018, according to "Canada's Food Price Report 2018."
Retail Canadians will eat out more frequently
"Canadians want to know what will impact the prices of their food," says Sylvain Charlebois, lead author of the report, and dean of the Faculty of Management at Dalhousie University.
"The report continues to provide the information they are looking for – around food quality, trends and impacts on the price of food in their region."
The report forecasts modest increases in many food categories, but the price of vegetables is expected to rise by 4-6% because of unaccommodating climate conditions such as La Niña, explains Charlebois.
The authors predict that as Canadians increasingly prioritize convenience, they will continue to spend more in restaurants or consume ready-to-eat products. "Canadians will eat out more frequently in 2018, and that will come at a cost," says Charlebois.
Food categories such as dairy, bakery products, meat and seafood are not expected to rise by more than 2%. ■