As inflation in Canada finally slows, citizens can expect price hikes to ease for travel, cars, furniture and other goods and services compared to earlier in the year, though they may still be paying more for most things than they were at this time in 2022.
In September, food was 5.8 per cent more costly than it was in the same month last year , marking a cooldown from the 6.9 per cent year-over-year jump we saw in August. Some stakeholders believe this will require an extensive overhaul of current systems, including a transition to more expensive materials within a timespan they feel is too soon to avoid shifting very noticeable costs to the consumer.that 75 per cent of produce, for example, will be sold and distributed in bulk and/or in plastic-free packaging by 2026, and 95 per cent by 2028, with most non-reusable plastic packaging eventually containing post-consumer recycled content.