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Prince Edward Island News

Canadian food prices to increase 3 to 5 per cent: report [Video]

Canadians could be paying three to five per cent more for groceries next year according to Canada’s Food Price Report for 2025.

“There was no one obvious reason why we’re seeing those increases, but instead it’s kind of like a mix of a tangled web of those factors,” Kristina Kupferschmidt, a former Machine Learning Researcher from the University of Guelph that worked on the report , said.

Kupferschmidt is now a professor at the University of Prince Edward Island, but worked on the 15th edition of Canada’s Food Report. Kupferschmidt assisted with artificial intelligence modelling on the report. She said A.I. factored in Statistics Canada data, but also things like the U.S. exchange rate, policies on imports and tariffs and changes in the climate.

“Which is a very hard thing to predict [climate], especially because we’re seeing more of these extreme and very localized events that are very hard to …

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