Yikes. Even with food prices increasing by ~20% between Feb 2021 to Feb 2024, per capita expenditure went DOWN by a similar amount. That means people are doing big substitutions in their purchases for cheaper products and, in many cases, simply purchasing less overall food. 😬
This is troubling.
According to Statistics Canada, the average Canadian is spending less than $250 a month on groceries (retail).
That's a 19% decrease compared to January 2021.