Save! 17 Groceries to Stock Up On Before Prices Rise

Let’s take a step back to the early 1950s in South Asia, the Middle East, the Far East, and Africa, where “stocking up” on essential goods was common, especially for those who grew up in rural, agricultural areas back home. The Western world wasn’t very different; barns and cold storage rooms were their methods for preserving goods and preventing spoilage, particularly during times when the rains didn’t arrive as expected and harvests suffered.

Today, the situation feels reminiscent of those times. The impact of Trump’s tariffs has prompted many to adopt a similar mindset, making it increasingly sensible to stockpile essentials to safeguard against price shocks. This is particularly true for everyday items that affect our kitchens and rely on the cross-border supply chains between the US and Canada.

Statistics Canada recently reported that food inflation remains about 3.7% higher than last year, with essentials like bread, dairy, and fresh produce leading the surge.

Note: According to StatsCan, some items are expected to rise even further due to increased transportation costs, drought conditions, and import tariffs.

Here’s a list of 17 grocery items that families should consider stocking up on before another price shock hits Canada:

1. Cooking Oil

Prices for vegetable and canola oil have risen nearly 25% over the past two years. Ongoing droughts affecting sunflower crops in Europe and disruptions in palm oil exports from Asia indicate that another surge is likely. A 3-litre bottle that costs $9.99 today could reach $12 soon.

2. Coffee Beans 

A 340g bag of quality coffee that once sold for $12 now averages $16 in Canada. Experts predict another increase as supply tightens. Coffee drinkers should consider stocking up on their favorite brand now.

3. Flour

This staple is crucial in almost every culture. However, with drought conditions in the prairie provinces and rising fertilizer costs, prices are expected to increase by an additional 8-10%. A 10kg bag that costs $13 today might be closer to $15 soon.

4. Pasta

Due to global shortages of durum wheat, pasta prices have already increased by about 14% year over year. A 900g box currently priced at $2.99 could easily exceed $4 due to upcoming supply chain pressures. Buy and store now.

5. Rice

Rice, another staple in most cultures, has seen exports from India and Thailand restricted in recent months, pushing global prices up by nearly 30%. A 10kg bag that cost $15 a year ago now averages $19 in Canadian grocery stores. With global climate concerns threatening yields, further price increases are expected.

6. Canned Tomatoes

Prices for canned tomatoes have significantly increased, primarily due to ongoing droughts in California. A can of diced tomatoes that once cost $1.50 now averages around $2.25, and the trend is upward.

7. Sugar

As an essential item, sugar has seen poor harvests in India and Brazil — two of the largest producers — leading to a price increase of approximately 9% since last year, with analysts projecting another 6% rise by spring.

8. Canned Tuna and Salmon

Canned seafood is a convenient protein source for busy Canadians. However, overfishing regulations and increased shipping costs are driving prices up. A 170g can of tuna that cost $1.50 a year ago now averages $2.25, with further increases expected.

9. Peanut Butter

A family favorite, peanut butter prices have steadily climbed due to higher costs for peanuts and packaging. The average 1kg jar now costs around $7, up from $5 two years ago. As North American yields decline due to drought, prices could rise again.

10. Frozen Vegetables

Fresh produce prices can fluctuate wildly due to weather and transportation costs, making frozen vegetables a budget-savvy backup. A 750g bag that cost $3.49 last year now averages $4.19. Frozen produce retains nutrients and can last up to a year, serving as a hedge against future price hikes or supply shortages.

11. Cheese

Dairy costs have risen about 7% this year, with cheese leading the increase. Rising feed prices and higher transportation expenses indicate that another price hike is imminent. A 400g block that costs $6.99 may soon rise to $8.50.

12. Butter

Butter prices have jumped by more than 12% over the last two years and show no signs of decreasing. Supply shortages and high milk fat costs are significant factors. A 454g block that currently costs $5.49 often exceeds $7. Butter can be frozen for up to a year without losing quality.

13. Oats

Oat crops in western Canada have suffered from recent dry conditions, leading to a 10% price increase since last fall. A 1kg bag that used to sell for $3.99 now costs approximately $4.50. Oats are economical breakfast options and can be stored for over a year.

 14. Lentils & Beans

Lentils and beans are staples loved by South Asians, Middle Easterners, and many other cultures. However, the prices of pulse crops have increased due to rising global demand for plant-based proteins. Currently, a 900g bag of lentils costs around $4.50, up from $3.20 last year. These nutritional powerhouses are rich in fiber and iron and can be stored for years. Opting for dried versions instead of canned ones can help save space and money.

 15. Honey

We’ve all heard about the dwindling supply of honey worldwide, and Canada is no exception. A 500g jar that cost $7 last year now averages $8.50. With limited domestic production and expensive imports, further price increases are likely. Honey never expires if stored properly, making it an ideal long-term pantry item.

 16. Frozen Fruit

The prices of frozen fruit, particularly berries, have sharply increased due to reduced harvests and higher import tariffs. A 600g bag that used to cost $5.99 now hovers around $7.49. Frozen fruit can be stored for up to a year, and since fresh fruit prices vary significantly with the seasons, frozen options provide a consistent value.

17. Spices

Spices are experiencing gradual price increases due to global logistics and import tariffs. Items like cinnamon, pepper, and turmeric have seen price jumps of up to 20% in the past year. A 100g jar that costs $4 may soon exceed $5. Since spices can last up to two years if stored in tightly sealed containers, investing in a full spice refill now can save on future costs while keeping your meals flavorful.

Trust you will find this list helpful. So, happy stocking! Stay well and be healthy!

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