Farms.com Home   News

Inflation causes Food Freedom Day to be delayed compared to last year

This is Food Freedom Day.

Each year the Canadian Federation of Agriculture (CFA) calculates the date when a Canadian household of average income will have earned enough to pay for their entire year’s grocery bill.

CFA examines the proportion of income that Canadians spend on food as a way to explore year-over-year expenditure changes and raise consumers’ understanding of Canada’s food system, from Farm-Gate-to-Plate.

Canadians spent 11 per cent of their disposable income on food last year, which is slightly higher than the 10.7 per cent spent on food in 2021. That makes Food Freedom Day one day later in 2022.

Click here to see more...

Trending Video

Meet FCC

Video: Meet FCC

We’re proud to be 100% invested in Canadian agriculture and food. We have the financing, knowledge and products that businesses need. Let’s work together as we make Canada a global leader in sustainable food production. If you're ready to make the most of your business opportunities, we're ready too.