Overview

• Tim Hortons says the adjustment averages about 1.5%—roughly three cents per cup—and is already in effect across Canada.
• The company frames the change as its first coffee price update in about three years, noting roughly 7% cumulative inflation over that period.
• Citing MarketWatch, Tim Hortons says wholesale coffee prices have more than doubled since 2022, rising from US$1.58 to US$3.90 per pound.
• Statistics Canada reports grocery-store coffee prices were about 28% higher in August than a year earlier, with weather disruptions in key producers such as Brazil and Vietnam contributing to tighter supply.
• Analysts note coffee futures are about 50% above the five-year average, while U.S. tariffs and Canadian countermeasures on U.S.-routed imports have added costs for Canadian buyers.