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CHARLEBOIS: Canada's food inflation slowing — but the squeeze isn't over

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17.03.2026

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CHARLEBOIS: Canada's food inflation slowing — but the squeeze isn't over

Among the G7 countries, Canada still posts the highest food inflation rate

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Canada’s food inflation rate eased to 5.4% in February 2026, down from 7.3% previously. At first glance, this looks like progress. But the reality behind the numbers suggests Canadians shouldn’t celebrate just yet.

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