Food Freedom Day: February 8

The Canadian Federation of Agriculture (CFA) has calculated that by Saturday, February 8, 2020, a Canadian household of average income will have earned enough to pay the entire year's grocery bill.

 

Each year, CFA examines the proportion of income that Canadians spend on food as a way to explore year-over-year expenditure changes and raise consumers' understanding of Canada's food system, from Farm-Gate-to-Plate.

 

Canadians spent 10.9 per cent of their disposable income on food in 2019, which is slightly lower than the 11 per cent of disposable income spent on food in 2018. While prices for some foods are set to increase in 2020, these increases have occurred alongside slightly larger increases in disposable income. As a result, this year's Food Freedom Day falls on a day before last year's date, which was February 9th.

 

Farmers receive only a small percentage of the price that consumers pay for food, particularly when the costs of production are taken into account. Canadian farmers continue to adapt to widely varying costs for inputs such as fuel and fertilizer, and to balance their plans against uncertainties in the marketplacSource:  Canadian Federation of Agriculture February 8, 2020 news release.

 

Source:  Canadian Federation of Agriculture February 8, 2020 news release

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Publish date: 
Saturday, February 8, 2020

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