Canada is not in line with the falling world food prices and should rethink their food processing strategy. It may be more costly to process food in Canada due to the larger geographic area to cover in the country. There may be more efficient food processing methods that can lower the costs.
When the cost of food is high it is low-income families that suffer the most, particularly those engaged in manual labour. If people cannot afford to buy very much food, they still have to go on with their jobs and this can be incredibly damaging to long-term health and can even cause early death. Canada should take steps to avoid this serious public health problem.
If most of the world is producing more inexpensive food than Canada, than the country should certainly take a look at what those countries are doing to see if it can improve in that area. If it can't feasibly produce cheaper food and maintain or improve the quality of its food, then it shouldn't do it, but it probably wouldn't hurt to examine its current system.
World food prices fall 14.5%, even as Canadian food prices climb: Should Canada rethink it's food processing strategy? Canada should indeed rethink it's food processing strategy because that would mean long term thinking. This is important because, now, even products grown in Canada are processed elsewhere hence Canadians are paying more than what others are actually paying in terms of food prices.