Have you noticed that your cup of coffee costs more than usual? A daily cup of joe may become the most bitter expense in Canadian budgets.
Canadians may need an extra shot of caffeine just to stomach the price of their morning brew. Coffee prices have spiked 25% since January, the steepest jump since the mid-1990s.
For years, coffee drinkers enjoyed a sweet deal: incomes rose faster than coffee costs, tea nearly tripled, alcohol quintupled, but coffee stayed steady. Now, a whirlwind of tariffs has percolated through the supply chain, leaving Canadian consumers to pick up the tab.
Based on this EconMinute from BCA’s economics team, host Scott Crockatt and Director of Policy & Economics Alicia Planincic break it all down on this episode of The Brief.
In this episode:
- Coffee prices up 25% since January—biggest spike in decades
- Once stable, now rising faster than other drinks
- Tariffs and supply chains push costs higher
- Daily coffee now a bigger hit to budgets
About The Brief
In this series, our host Scott Crockatt explores the big challenges facing the province, celebrates stories of growth, innovation, and prosperity, and discovers bold ideas to make life better for Albertans.
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