Get ready to fork over a little more cash before you pick up your dinner fork.
Economists say Canadian food prices will spike by the end of the year.
A family that spends about 400 dollars a month on groceries could pay between five to seven per cent more — an extra 340 dollars a year.
Economists say bad crops and an economic recovery have shot up the price of food ingredients.
Baked goods maker George Weston, meat processor Maple Leaf Foods, and Tim Horton’s all say they’ll soon have to charge customers more.
Canada’s independent grocers say they will put off price increases as long as they can, but might offer fewer discounts and coupons in the meantime.
