The majority of Canadians are changing the way they buy food as a result of the steepening food prices that are being felt nationwide.
This finding was released in a new report by the Agri-Food Analytics Lab at Dalhousie University, according to CTV News. A total of 10 thousand people took part in this survey, making it one of the most prominent studies on this subject.
This comes in response to news that food prices are going to continue to rise in 2022 by an astonishing 6 percent. On top of this, a majority of people surveyed believe that food prices will continue to soar.
52.8 percent of respondents say they plan on using coupons, and over half say they will eat out less.
Inflation is continuing to rise under Justin Trudeau's government, with the Bank of Canada governor suggesting that inflation will run close to 5 percent.
This is a steeper forecast than what the Bank of Canada was originally expecting, although the governor has not yet suggested that interest rates will be raised to counteract the inflation.
"We recognize inflation is actually likely to move a little higher in the remaining months of this year," said the governor on Wednesday.
The Trudeau government has pledged $78 billion in new spending over the course of the next five years. This is in addition to the $101 billion that the prime minister has already committed in his previous budget.
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