Canada fruit retail

The fall in value of the Canadian dollar could lead to higher food prices at the checkout, with fresh fruit and vegetables in particular impacted.

That is the verdict of a new study by the University of Guelph in Ontario, which has suggested food inflation in the country could fall anywhere between 0.7 per cent and 3 per cent.

According to a revised university report, the price of fruit and vegetables could rise by 5 per cent and 7.5 per cent respectively, based on the value of the Canadian dollar dropping to less than 80 cents against its US counterpart.

Canadians spend about a quarter of their grocery budgets on fruits, vegetables and nuts, Business News Network reported.