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Thanksgiving Dinner Cost in Canada Rises Minimally Despite Turkey Price Drop

Turkey prices drop, but other items push up the cost. Consider homemade alternatives to save money and improve health.

In this picture we can see food boxes in the racks. We can see price notes.
In this picture we can see food boxes in the racks. We can see price notes.

Thanksgiving Dinner Cost in Canada Rises Minimally Despite Turkey Price Drop

The cost of a traditional Thanksgiving dinner in Canada has seen a minimal increase, with the overall price rising by less than one per cent from 2024 to 2025. Despite this, the Agri-Food Analytics Lab at Dalhousie University's study reveals a mix of price changes for individual items, influenced by various factors.

Aggressive pricing strategies and commodity trends have impacted the prices of Thanksgiving staples. Tariffs on steel and aluminum have also contributed to the cost of canned goods like cranberry sauce and gravy. However, the cost of the turkey, a key component of the meal, has fallen from $11.69 in 2024 to $10.43 in 2025. Potatoes, another staple, saw a slight increase from $5.99 to $6.99.

The typical Thanksgiving meal includes a frozen seven-pound turkey, a 10-pound bag of potatoes, a pumpkin pie, twelve bread rolls, cranberries, a pound of carrots, stuffing, and gravy. The decreases in turkey and carrots were offset by increases in potatoes, cranberries, stuffing, and gravy, keeping the overall cost nearly the same as last year. The study analyzed over 10,000 flyer data points nationwide to provide a comprehensive picture of prices.

The overall cost of a traditional turkey dinner for four people in Canada rose from $32.30 in 2024 to $32.48 in 2025. While the turkey and carrots became cheaper, other items like potatoes, cranberries, stuffing, and gravy contributed to the slight increase. Consumers may consider preparing homemade alternatives to save money and improve health, as the study suggests.

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