The currency's decline is having a pronounced effect on Canadians' grocery bills.
As Bloomberg reminds us, Canada imports around 80% of its fresh fruits and vegetables. When the loonie slides, prices for those goods soar. "With lower-income households tending to spend a larger portion of income on food, this side effect of a soft currency brings them the most acute stress" Bloomberg continues.
Read More: http://www.zerohedge.com/news/2016-01-13/canadians-panic-food-prices-soar-collapsing-currency
How's voting Liberal working out for you Canada?
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