Experts Warn of a ‘Double Whammy’ Hitting Canadian Grocery Stores with Spike in Oil Prices and Looming Increase to Industrial Carbon Tax

Experts warn of a ‘double whammy’ hitting Canadian grocery stores with spike in oil prices and looming increase to industrial carbon tax

Every 25 per cent sustained increase in oil prices lasting more than one month adds roughly $150 to $200 to the annual grocery bill for a family of four in Canada. Ontario residents can leverage reward points and credit cards…

Oil Prices Could Push Canadian Grocery Inflation Higher

Rising oil prices could push Canadian grocery inflation toward 6–8% in 2026 as energy costs ripple through the food supply chain. The post Oil Prices Could Push Canadian Grocery Inflation Higher appeared first on Retail Insider.