Cost of fruit, veg­eta­bles ex­pected to rise

The Guardian (Charlottetown) - - BUSINESS -

im­ported, mak­ing them more sus­cep­ti­ble to the loonie’s fluc­tu­a­tions.

“It re­ally boils down to the dol­lar,” said Kevin Grier, an agri­cul­ture and food mar­ket an­a­lyst.

Last year, fruits and veg­gies jumped in price be­tween 9.1 and 10.1 per cent, ac­cord­ing to an an­nual re­port by the Food In­sti­tute at the Univer­sity of Guelph. The study pre­dicts th­ese foods will con­tinue to in­crease above in­fla­tion this year, by up to 4.5 per cent for some items.

Syl­vain Charlebois, the

re­port’s lead au­thor, said for ev­ery U.S. cent the dol­lar drops, foods that are im­ported likely in­crease one per cent or more.

In Novem­ber 2011, one kilo­gram of ap­ples cost an av­er­age of $3.35 in Canada, ac­cord­ing to Sta­tis­tics Canada. Four years later, the same amount cost $4.12. While the in­creases have dealt a blow to ev­ery­one’s wal­let, they have a more pro­nounced ef­fect on Cana­di­ans liv­ing on a tight bud­get or in re­mote re­gions, where fresh fruit and veg­eta­bles are more ex­pen­sive.

CP PHOTO

A cus­tomer hands over a bas­ket of broc­coli to a mer­chant at the Jean Talon Mar­ket Mon­day in Mon­treal.

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