Hey there, time traveller!
This article was published 16/5/2013 (1300 days ago), so information in it may no longer be current.
TORONTO -- A recent survey of Canadian adult consumers found a large majority of them believe the price of foods they buy has gone up in the past year and more than half said they are doing more comparison shopping than before.
The Ipsos Reid study done for RBC suggests the average monthly food bill for the 3,024 people it surveyed last month was $411.
Ontario had the lowest provincial average at $379 per month and Quebec had the highest at $448 per month.
The online survey also found about one-third of the respondents said food has a significant impact on their daily budget.
About 15 per cent of the respondents said they were looking at other parts of their life, such as using their vehicles less, in order to deal with rising food prices.
"In light of concerns over escalating food prices, more Canadians are looking for cost-saving strategies they can use on their next trip to the grocery store," said Jason Round, head of the bank's financial planning unit.
The survey found 84 per cent of respondents said their food prices have increased.
Ontario -- where competition between grocery retailers has been intense for several years -- was the only province below the national average, with 80 per cent of respondents saying they felt food prices had gone up.
The other regional averages were: British Columbia, 86 per cent; Alberta, 88 per cent; Saskatchewan/Manitoba, 89 per cent; Quebec, 86 per cent and Atlantic Canada, 88 per cent.
The average monthly food costs, apart from Ontario and Quebec, were: British Columbia, $415; Alberta, $440; Saskatchewan/Manitoba, $401 and Atlantic Canada, $420.
The survey, conducted April 2 to 15, found 57 per cent of respondents said they comparison shop more than before.
The national averages for an online survey of this size are considered to be accurate within two percentage points.
-- The Canadian Press