Canadians can expect to pay more for their Easter meals as pork and chicken join beef price surges on grocery store shelves.
Beef prices in Canada are up nearly 14 per cent compared to last year, according to the latest consumer price index data, continuing a trend that has seen costs surge in recent years.
While there are early signs that price growth may be slowing, experts say relief is still a long way off.
In an interview with Global News, Dalhousie University professor Sylvain Charlebois said prices are not expected to stabilize before mid-2027, pointing to low cattle inventory in both Canada and the United States.
“I don’t think it’s much of a surprise to listeners. Beef prices are up 13.9 per cent year to year, and we’re not expecting beef prices to stabilize before midyear 2027,” he said.
That supply crunch stems from years of challenges in the beef industry, including drought conditions in Western Canada that reduced herd sizes and limited production.
While cattle numbers have started to tick up slightly, it can take years to rebuild supply.
This story includes reporting from Global News. WestNet News may update this story as more information becomes available.
