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Thanksgiving Dinner Costs 10% More. So Why Is Grocery Inflation Only 2.8%?

  Thanksgiving is tomorrow, and if you're still planning the grocery run, the numbers are not in your favour. Dalhousie University's Agri-Food Analytics Lab prices a turkey dinner for four at $35.72 this year, up 10% from $32.48 in 2025. Here's the catch: Statistics Canada says grocery prices rose just 2.8% in August, and that was the first time in more than two years that food inflation came in below the overall rate (3.0%). So why does the holiday table feel so much pricier than the grocery aisle overall? The turkey is doing most of the damage Dalhousie's basket covers a 7-lb whole turkey plus potatoes, carrots, dinner rolls, pumpkin pie, cranberries, stuffing and gravy. Here's how the pieces moved: Item (dinner for four) 2025 2026 Change Turkey dinner, total $32.48 $35.72 +10.0% The turkey itself (7 lb) $10.43 $12.53 +20.1% Everything else (sides, pie) $22.05 $23.19 +5.2% Ham dinner, total $34.87 $36.37 +4.3% Source: Dalhousie Agri-Food Analytics Lab (totals, t...

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Canadian Real Estate Association Forecasts Surge in Home Demand for 2025, Condo Market Remains Flat


The Canadian Real Estate Association (CREA) has released its housing market forecast for 2025, predicting a significant increase in demand for homes across the country. According to CREA, the combination of over two years of pent-up demand and lower borrowing costs is expected to drive a rebound in home sales. The national average home price is projected to rise by 4.7% to $722,221 this year.

However, the forecast for the condo market tells a different story. While demand for single-family homes is expected to surge, the condo market is anticipated to remain relatively flat. This divergence is attributed to changing buyer preferences and the lingering effects of the pandemic on urban living trends.

The forecast also highlights regional variations, with provinces like Alberta and Saskatchewan expected to see higher price gains due to already high sales levels and low inventories. Conversely, Ontario and British Columbia are expected to experience more modest price increases due to their already high housing costs.

Overall, CREA's outlook for 2025 suggests a dynamic and evolving real estate market, with single-family homes leading the charge while condos take a backseat.



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