Food Prices To Rise

Food Prices To Rise

if you stop to add it up the amount of money you spend on food is likely one of. money you spend on food is likely one of your biggest weekly expenses and now new. your biggest weekly expenses and now new report out this hour warns that your. report out this hour warns that your food costs are going up next year now. food costs are going up next year now the report says the average Canadian. the report says the average Canadian family can expect their grocery bill to. family can expect their grocery bill to go up four hundred and eleven dollars in. go up four hundred and eleven dollars in 2019 and as Olivia Stefanovic tells us. 2019 and as Olivia Stefanovic tells us the trend towards healthier eating is. the trend towards healthier eating is driving that cost increase lettuce. driving that cost increase lettuce strawberries carrots no matter what the. strawberries carrots no matter what the food is the price of produce and fruits. food is the price of produce and fruits is increasing next year by as much as 3. is increasing next year by as much as 3 to 6 percent that’s according to. to 6 percent that’s according to Canada’s food price report and. Canada’s food price report and researchers say it’s simply a matter of. researchers say it’s simply a matter of demand at Wayne supply we still have a. demand at Wayne supply we still have a limited supply of product particularly. limited supply of product particularly in Canada when we can’t produce a lot of. in Canada when we can’t produce a lot of our vegetables and fruits all year round. our vegetables and fruits all year round fruit and vegetables are very perishable. fruit and vegetables are very perishable product they have to get to market. product they have to get to market quickly so small fluctuations in. quickly so small fluctuations in temperature weather events can have a.

temperature weather events can have a big impact on supply and a big impact on. big impact on supply and a big impact on price the problem. price the problem researchers say is mainly due to poor. researchers say is mainly due to poor growing conditions a surge in. growing conditions a surge in plant-based protein consumption and the. plant-based protein consumption and the fact that more greenhouses are switching. fact that more greenhouses are switching their crops from food to cannabis. their crops from food to cannabis dieticians want to make sure everyone. dieticians want to make sure everyone still has access to affordable healthy. still has access to affordable healthy diets just looking for prices while. diets just looking for prices while you’re there just kind of doing a bit. you’re there just kind of doing a bit quick comparison so in the fresh produce. quick comparison so in the fresh produce look for kind of the cheapest you know. look for kind of the cheapest you know maybe like 2 or 3 cheapest fruits 2 or 3. maybe like 2 or 3 cheapest fruits 2 or 3 cheapest veggies if that’s still out of. cheapest veggies if that’s still out of your budget head over to the frozen. your budget head over to the frozen section get a few bags of frozen veggies. section get a few bags of frozen veggies and frozen fruit and then also how you. and frozen fruit and then also how you can incorporate your protein so if you. can incorporate your protein so if you don’t want it you know animal protein. don’t want it you know animal protein like chicken beef can be quite expensive. like chicken beef can be quite expensive so going for that those plant-based. so going for that those plant-based proteins lentils beans chickpeas are a. proteins lentils beans chickpeas are a great way so those are kind of like when.

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great way so those are kind of like when you’re at that store you can still make. you’re at that store you can still make like a more affordable choices to be. like a more affordable choices to be eating healthy on a budget for the first. eating healthy on a budget for the first time in a decade the price of meat is. time in a decade the price of meat is going down but food prices are expected. going down but food prices are expected to exceed the national average in. to exceed the national average in British Columbia Alberta Saskatchewan. British Columbia Alberta Saskatchewan and Ontario and researchers say the. and Ontario and researchers say the costs won’t go down anytime soon. costs won’t go down anytime soon Olivia Stefanovic CBC News Toronto well. Olivia Stefanovic CBC News Toronto well we’re going to stay on this story. we’re going to stay on this story because there were a number of points. because there were a number of points that were raised that really caught. that were raised that really caught attention this morning and with that I. attention this morning and with that I want to invite and to introduce Scott. want to invite and to introduce Scott Peterson of course Meghan Roberts. Peterson of course Meghan Roberts Barbour team they’re here to talk about. Barbour team they’re here to talk about some of the issues raised in Stefanovic. some of the issues raised in Stefanovic news report and let’s start making with. news report and let’s start making with this idea of an increased preference for. this idea of an increased preference for plant-based proteins yeah there’s been a. plant-based proteins yeah there’s been a big trend that we’ve been seeing over. big trend that we’ve been seeing over the past couple of years of Canadians. the past couple of years of Canadians reducing the amount of meat or cutting. reducing the amount of meat or cutting meat entirely from their diets we’ve. meat entirely from their diets we’ve been seeing that for a number of groups. been seeing that for a number of groups that move away from traditional chicken. that move away from traditional chicken pork and beef and towards lentils or. pork and beef and towards lentils or chickpeas or quinoa and other. chickpeas or quinoa and other plant-based protein sources let’s take a. plant-based protein sources let’s take a look at what that means at some of the. look at what that means at some of the numbers so three million Canadians more. numbers so three million Canadians more than three million Canadians this year. than three million Canadians this year said that they’re going to eliminate. said that they’re going to eliminate meat from their diets at at a different. meat from their diets at at a different Dalhousie study that was released.

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Dalhousie study that was released earlier now that same study says that. earlier now that same study says that half over half 63% of vegans and. half over half 63% of vegans and vegetarians are younger than 38 years. vegetarians are younger than 38 years old so there’s a trend in those younger. old so there’s a trend in those younger generations towards moving away from. generations towards moving away from meat and you can see that number. meat and you can see that number reflected in this study in the food. reflected in this study in the food scape because that demand for meat is. scape because that demand for meat is lower those prices for me lowering for. lower those prices for me lowering for the first time in the studies history. the first time in the studies history and that downward trend is expected to. and that downward trend is expected to continue until 2020 and meanwhile we’re. continue until 2020 and meanwhile we’re seeing more plant-based options on the. seeing more plant-based options on the market a good example of that is this. market a good example of that is this beyond meat which is known for its. beyond meat which is known for its meatless burger now it’s at more than. meatless burger now it’s at more than 25,000 restaurants across the world and. 25,000 restaurants across the world and just as a personal example some of us. just as a personal example some of us here in the studio tried to go and get. here in the studio tried to go and get that burger because they serve it down. that burger because they serve it down the street and many times it’s been sold. the street and many times it’s been sold out so even within our own kind of. out so even within our own kind of Toronto bubble we can see some of those.

Toronto bubble we can see some of those transmitters mmm-hmm yeah and in fact. transmitters mmm-hmm yeah and in fact even the local grocery stores because it. even the local grocery stores because it used to be that the vegetable section. used to be that the vegetable section was as large as the meat section well. was as large as the meat section well the meat section is now half the size in. the meat section is now half the size in the vegetable section has almost doubled. the vegetable section has almost doubled and you know another part that raises. and you know another part that raises eyebrows with the study Scott is the. eyebrows with the study Scott is the transition not only from meat to. transition not only from meat to vegetables but also changing the crops. vegetables but also changing the crops that farmers are growing away from. that farmers are growing away from traditional vegetables to marijuana now. traditional vegetables to marijuana now that it’s legalized in this country and. that it’s legalized in this country and that’s an interesting part of this. that’s an interesting part of this report it doesn’t say how much they’re. report it doesn’t say how much they’re anticipating it being transitioned over. anticipating it being transitioned over from vegetables in these greenhouses. from vegetables in these greenhouses over to pot production for example try. over to pot production for example try to itemize that but they are seeing. to itemize that but they are seeing there’s going to be. there’s going to be more diversity in growing food in this. more diversity in growing food in this country than ever before when you look. country than ever before when you look at the greenhouse situation never mind. at the greenhouse situation never mind climate change and maybe the necessity. climate change and maybe the necessity of having to grow stuff inside but 2019. of having to grow stuff inside but 2019 according to study is a year transition. according to study is a year transition right now there’s about 15 million. right now there’s about 15 million square metres greenhouse vegetation. square metres greenhouse vegetation being grown that works out to 1.3. being grown that works out to 1.3 billion dollars they call this farm gate.

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billion dollars they call this farm gate value as far as the value of what is. value as far as the value of what is sold but when you compare that to what. sold but when you compare that to what they’re anticipating the same study here. they’re anticipating the same study here for marijuana consumption in the. for marijuana consumption in the marijuana market is five billion dollars. marijuana market is five billion dollars that’s about four times larger than what. that’s about four times larger than what they currently produce so the question. they currently produce so the question here that really the study is sort of. here that really the study is sort of hinting at is how much farmers might be. hinting at is how much farmers might be inclined to switch over from growing. inclined to switch over from growing vegetables over this new cash crop so. vegetables over this new cash crop so people don’t really know anything about. people don’t really know anything about when you look at so you’ve got companies. when you look at so you’ve got companies that coca-cola Heineken Molson. that coca-cola Heineken Molson Constellation Brands all thinking about. Constellation Brands all thinking about you know getting into this this as well. you know getting into this this as well big question marks about what this is. big question marks about what this is going to mean a better supply okay well. going to mean a better supply okay well that is the start of the conversation. that is the start of the conversation we’re going to speak about it throughout.

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