A recently released Canada’s Food Price Report 2025 shows a 3.8 per cent increase in food cost in 2024 for Newfoundland and Labrador.
Opposition Leader Tony Wakeham is concerned about the continued rise in food bank usage and the many families and seniors who are trying to make ends meet, especially as Christmas approaches. A recently released Canada’s Food Price Report 2025 shows a 3.8 per cent increase in food cost in 2024 for Newfoundland and Labrador. Price hikes of up to five per cent are expected nationally in the next year and meat prices are likely to rise between four and six per cent. Since 2021, food bank visits have jumped 50 per cent in Newfoundland and Labrador, while 30 percent of food banks across Canada report running out of supplies. Wakeham says “Rising costs are pushing food prices higher and stretching food banks to their breaking point.”
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