By Sylvain Charlebois — June 22, 2026 Under Carney, food prices have risen faster than inflation for 15 straight months -- and that is leaving Canadians facing some of the fastest-rising food prices in the G7 The latest inflation numbers from Statistics Canada should make policymakers uncomfortable. In May, overall inflation reached 3.2 per cent, while food inflation climbed to 3.8 per cent. At first glance, the difference may seem modest. But beneath the headline lies a trend that should concern anyone paying attention to Canada’s economy: food inflation has exceeded overall inflation every single month since Mark Carney became prime minister in March 2025. Not once during his tenure has food inflation fallen below the national inflation rate. That streak has now reached 15 consecutive months. For Canadians, this matters far more than many economists realize. While inflation is often discussed as a broad economic concept, consumers experience inflation through everyday purchases. They...
A discussion on political, economic and social issues in British Columbia, and Canada