Canadians Will Dine Out Less in 2024 in Wake of Rising Food Prices: Report

Published on December 28, 2023

The rising cost of food has many Canadians looking for ways to make their money stretch further in 2024, a new report shows. The end of year report from the Agri-Food Analytics Lab at Dalhousie University found that 80.3 percent of Canadians expect food prices to rise in 2024—and that will encourage many households to find new ways to save money. One of the chief ways families will cut back on food spending in 2024 is by eating out less often, according to the report, which is based on a survey of 5,000 adult Canadians. A total of 38.3 percent of Canadians say they are planning to eat out less often in the coming year while an additional 12.2 percent say they will not eat out at all....

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