Food Prices in Canada Expected to Rise in 2026 as Meat Costs Surge: Dalhousie Forecast

Halifax:Food prices in Canada are projected to rise between four and six per cent in 2026, driven largely by escalating meat prices, particularly beef, according to the latest forecast by researchers at Dalhousie University.

The annual Canada’s Food Price Report warns that beef prices alone could increase by as much as seven per cent next year. Researchers say shrinking cattle herd sizes, vulnerability to tariffs and the exit of many ranchers from the industry are tightening supply across the country.

“Tightened beef supply is expected to last through 2027,” the report noted, adding that Canada has increased beef imports to help offset domestic shortages. However, this move may not be enough to prevent price pressures on consumers.

Sylvain Charlebois, director of Dalhousie University’s Agri-Food Analytics Lab and lead author of the report, said Canadians should brace for another challenging year at the grocery store.

“We’re expecting another difficult year due to beef prices and, because people are pivoting towards chicken, chicken prices are also on the rise,” he said.

The report also predicts rising prices for products typically found in the middle aisles of grocery stores — a section traditionally relied upon by consumers to avoid higher fresh food costs. Pantry staples such as canned goods, which had remained relatively stable in recent years, are now expected to see price increases as well.

“Typically the centre of the store is a go-to place for people who are seeking harbour from inflation,” Charlebois said. “That’s not going to be the case in 2026.”

Several economic and trade-related factors could further fuel grocery inflation over the next year. These include the ongoing trade dispute with the United States, shifts in the food manufacturing sector, and changing labour market conditions.

The report concludes that while overall food inflation is moderating compared to pandemic highs, Canadian households will continue to feel financial pressure, especially when purchasing meat and basic pantry items in 2026.