Coffee lovers across Canada are feeling the pinch as prices for their daily brew continue to climb to record levels.
Even the beloved double-double at Tim Hortons is no longer immune to inflation, with the company announcing an average price hike of 1.5 per cent per cup—roughly an extra three cents—citing rising bean costs and broader economic pressures.
According to Statistics Canada, the cost of coffee surged by 27.9 per cent in August compared to the same time last year. This dramatic rise is prompting many Canadians to rethink their caffeine habits.
In Calgary, some are cutting back on specialty drinks or switching to home brewing to save money.
“I’m addicted to coffee,” admitted one local. “But what I’ve done is instead of having lattes every day, I’m down to two days a week.”
An