"The Halloween season is bringing more than ghosts and goblins this year for many, rising candy prices are the real scare. Stocking up on Halloween supplies in Toronto's Golden Triangle neighbourhood, a popular East York spot for trick-or-treaters, Shannon Crookston said she had to take a different approach this year because of rising costs. We used to do the full-size chocolate bars every year, Crookston said. But just given the cost, unfortunately, that wasn't an option anymore, so we've kind of had to do the treat size instead."
"The real increase started coming around 2022, Atkinson said, noting the price of cocoa climbed around 136 per cent since between then and February 2024, according to a United Nations Trade and Development report. Last year, the prices hit over $12,000 US per tonne. Now let's compare this about 10 years ago, just to put things into perspective, per tonne, the prices were $2,000 US," she added. That surge has been driven by climate change impacts in West Africa, she said."
Chocolate prices for Halloween candy in Canada have risen noticeably, causing shoppers to change buying habits and opt for smaller, treat-size items. Retail Council of Canada data indicate chocolate prices are up between 10 and 20 per cent nationwide compared with the same period last year. Statistics Canada reports confectionery prices in Ontario rose 6.7 per cent in September year-over-year. Chocolatiers report chocolate items have seen larger increases than sugary candy, and cocoa prices climbed roughly 136 per cent between 2022 and February 2024, driven by climate impacts in West Africa.
Read at www.cbc.ca
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