Canada Grappling with Major Food Inflation

The Canadian dollar is dropping in value compared to the US dollar which is leading to some price suffering of our northern friends.

Since Canada imports 80% of their produce from the US, they have to pay quite a bit. Here is more from NaturalNews.com:

As prices for commodities have dropped, the value of the Canadian dollar has fallen, a direct link to an economy that is dependent on oil and other resources. It makes imports, like fresh American vegetables during the dark Canadian winter, look especially costly. Two years ago, one Canadian dollar was worth 93 American cents. On Wednesday, it stood at 69 American cents.

$3 cucumbers, $8 for a head of cauliflower, grapes at $10 per bag – the spiraling cost of foods, particularly those imported from Canada’s neighbor to the south, has consumers there reeling from sticker shock.

Iceberg lettuce sells for 3 Canadian dollars, up from the typical 90 Canadian cents. One head of broccoli goes for $4, compared with $1.50 for two in the past. Last winter, a head of cauliflower was selling for 2.50 Canadian.

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