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    FRANK LEO & ASSOCIATES

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    Why are Canadians Paying More for Peanut Butter?

    The price for food in Canada has been continuously climbing but pantry staples have always stayed the same for decades. One expert says these staples including peanut butter may start to be impacted and increase in price. Since the start of 2021, many food items have drastically increased. Meat is at the top of the list with chicken rising 8 per cent, and pork and beef increasing around 5 per cent.

    Data from Statistics Canada shows coffee has increased 17 per cent and peanut butter has increased six per cent since January. A professor in food distribution and policy at Dalhousie University, Sylvain Charlebois said the surge in prices is likely due to pandemic-related issues in the food production chain. Charlebois added that “Peanut butter has been the same price over the last 20 years… except this year.”

    Using Canada’s Food Price Report 2021, grocery bills are rising because of border, plant, and distribution centre closures, as well as labour shortages, and unemployment. It also said that logistics disruptions, shifts in consumer demand, modifications in production, distribution, and retailing practices are all factors that are increasing food prices.

    For more information about the source click HERE