What would prices on grocery flyers look like over 20 years from now? A new study crunched the numbers, and the predictions are depressing. Nova ...
Here's a breakdown of how much essential grocery items could cost on Labour Day in over 20 years compared to today, according to this fictional flyer:Four-piece toilet paper — $13.95 Pack of three bell peppers — $12.60 Raspberry yogurt — $10.50 Assante Hydrostone has mailed thousands of these flyers out in Halifax to remind people to consider all of the factors and make sure they can afford the life they want in retirement.
"The prices listed in the flyer are based on a fairly modest 5 per cent inflation on food over just 20 years, assuming things will stabilize slightly," reads the report."But when you're planning for the future, it's better to err on the side of caution."
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