A climate-driven worldwide olive oil shortage has caused prices to jump 140 per cent in the past three years Michelle Gomez · CBC News · Posted: May 30, 2024 10:00 AM EDT | Last Updated: May 30 ...

Prices for extra virgin olive oil in stores across Canada have increased an average 25.6 per cent since January alone, ranging from $13.99 to $24.99 per litre nationwide, according to data ...

The price of one litre of olive oil hit $16.40 in Canada in August, an increase from the nearly $13 it cost a year ago, but experts say prices could soon come down.

According to Statistics Canada, one litre of olive oil was around $9 on average in Canada since 2017, until in January 2023 the price broke through $10, and has been on a rise since, going up from ...