School lunches: What’s cheaper at the grocery store [Video]

With higher costs at the grocery store, preparing school lunches can be a challenge, especially for families with tighter budgets.

But there is some relief at the grocery store, according to a new analysis.

Dalhousie University’s Agri-Food Analytics Lab found that while some grocery items are costlier, others have become cheaper. Its data suggests certain food prices will drop this fall.

What’s more, interest rates are trending downwards. The Bank of Canada (BoC) is expected to slash its overnight rate for the third straight time Wednesday.

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The BoC’s rate decisions influence overall economic conditions, so lower rates could help alleviate living costs for some families, including making school lunches more affordable, Sylvain Charlebois, professor and senior director of the Agri-Food Analytics Lab in Halifax, said.

As an example, if the overnight rate decreases by 0.5 …