For the first time in months, Canadians received a small piece of encouraging news at the grocery store. Food inflation eased in April to 3.5%, down from 4.0% the previous month. Grocery prices specifically, food purchased from stores, rose 3.8% year-over-year, still significantly above Canada’s general inflation rate. More importantly, food inflation has now outpaced overall inflation every single month since March 2025. So while the pace of increase may be slowing, food affordability remains one of the country’s biggest economic frustrations, and consumers know it. Read More
