Market Outlook: Food inflation to stay elevated in Canada in 2026
BNN Bloomberg
Food inflation in Canada may stay elevated in 2026, with grocery prices stabilizing but remaining above pre-pandemic levels, Desjardins economist says.
BNN Bloomberg spoke with LJ Valencia, economist at Desjardins, about the factors shaping food inflation and why grocery costs may stabilize but remain higher than pre-pandemic norms.
Read the full transcript below:
ROGER: A new report from Desjardins is taking a closer look at whether Canadians can expect any meaningful relief from food inflation in 2026. To help us unpack the findings and what they could mean for consumers, we’re joined now by the report’s author, LJ Valencia, an economist with Desjardins. LJ, thanks very much for joining us.
LJ: Pleasure to be with you today.
ROGER: Overall, what are we looking at when it comes to food inflation next year?
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