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A Donald Trump presidency could spell higher grocery bills for Canadians, according to a new report.

Food prices are forecast to rise between 3 and 5 per cent in 2017, says an economic analysis from Dalhousie University, above 2016’s price gains and above the generally acceptable food inflation rate of 1 per cent to 2 per cent a year. The surge will see an average Canadian family spend about $420 more on their groceries next year than in 2016, said agriculture expert Sylvain Charlebois, dean of management at Dalhousie and the report’s lead author.

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“In our view, Trump could trigger the next commodity supercyle,” Charlebois said, referring to a series of measures that serve to boost the overall prices of commodities, part of a cycle that typically surfaces every 10 to 15 years. An increase in commodity prices could increase costs for food producers.

Add in a potential interest rate hike and a stronger U.S. dollar, the Dalhousie report says, and Canadians stand to pay even more at the till in 2017.