The World Bank, International Monetary Fund and the U.N. World Food Programme warn that sharp increases in oil, natural gas and fertilizer prices triggered by the war in the Middle East will cause rising food prices and food insecurity.
Tag Archives food prices
Food and beverage sales growth, volume decline predicted for 2026
FCC’s report suggests higher prices, not consumption, will drive growth in total sales
Farm Credit Canada 2026 Food and Beverage report shows predicts rising sales and declining volumes among Canadian food and beverage manufacturers
Canadian trade tribunal to examine imports of frozen, canned vegetables
Canadian officials will look into whether global imports of frozen and canned vegetables are threatening Canadian growers and processors.
Canada’s annual inflation rate eases to 1.8 per cent in February ahead of expected energy shock
Canada’s annual inflation rate fell to 1.8 per cent in February, after prices in the same period a year ago had risen sharply when the government’s sales tax relief ended, Statistics Canada said on Monday.
Canada’s Loblaw misses fourth-quarter revenue estimates
Canadian retailer Loblaw on Wednesday missed analysts’ estimates for fourth-quarter revenue, signaling consumers are turning cautious and more discerning in their spending pattern as tariff uncertainty hovers.
General Mills cuts annual outlook as shoppers seek cheaper options
General Mills cut its annual core sales and profit forecasts on Tuesday as the Cheerios cereal maker contends with a volatile economic backdrop and evolving consumer tastes.
Burger King-owner Restaurant Brands beats fourth-quarter sales estimates
Restaurant Brands reported fourth-quarter comparable sales above estimates on Thursday, helped by resilient traffic at its Burger King and Tim Hortons chains.
Canadians worked first 39 days of 2026 to pay for year’s grocery bill says CFA
Sunday marked “Food Freedom Day,” the date by which the average Canadian household earned enough money to cover its annual grocery bill as per calculations from the Canadian Federation of Agriculture.
Carney wins admiration globally but struggles to lower food costs at home
Prime Minister Mark Carney has earned global admiration for openly declaring the end of a global order based on rules, but he has had far less success addressing a growing and more day-to-day concern at home: the rising cost of food.
Federal food affordability measures, food security strategy announced
The federal government has pledged to fund several measures aimed at strengthening food security and affordability.
