Why has our cost per meal increased?
According to The Economist in 2016, Toronto is known globally as one of the best cities in which to live. However, it is also one of the more expensive cities to live in. On average, the cost of living Toronto is 16% higher than the cost of living in Montreal. The cost of living in Toronto affects not only each of us personally but also how we provide our services. While we make every effort to be cost efficient with funds generously given to us, the impact of rising food prices over the last several years has affected us. Together, with our mandate to provide nutritious, healthy meals to our community members, it has resulted in the modest meal cost increase.
To ensure we are continuing to be good stewards of our funds, we compared our meal cost with similar Toronto charities and found that our meal costs are consistent. See our Annual Report and Financial Report for more details of how donations are used.