facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause
Ready to battle against bulging prices? - Solutions For Financial Planning* Thumbnail

Ready to battle against bulging prices? - Solutions For Financial Planning*

Tips to help combat the rising cost of groceries.

As inflation increases, so does the price of food in Canada. The 2021 edition of Canada’s Food Price Report, forecasts food price increases of 3 to 5.5 per cent for bread, muffins and other baked goods, and even higher price increases for meat and vegetables at 4.5 to 6.5 per cent. An average family of four is now shelling out about $700 more than they did in 2020, with groceries accounting for nearly $14,000 of the annual household budget.

Read the full article*

* This article opens in a new window directing you to Manulife's Solutions for Financial Planning Magazine.  
© 2021 Manulife. The persons and situations depicted are fictional and their resemblance to anyone living or dead is purely coincidental. This media is for information purposes only and is not intended to provide specific financial, tax, legal, accounting or other advice and should not be relied upon in that regard. Many of the issues discussed will vary by province. Individuals should seek the advice of professionals to ensure that any action taken with respect to this information is appropriate to their specific situation. E & O E. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Any amount that is allocated to a segregated fund is invested at the risk of the contract holder and may increase or decrease in value.