Read more on Food Freedon Day at www.cfa-fca.ca Food Freedom Day Statistics’ Explanation In 2016, Canadians are expected to have spent 10.7% of their disposable income on food. (Disposable income per capita is expected to be approximately $32,464, in 2016; expenditures on food and beverages will be approximately $3,497) Source: Statistics Canada, CANSIM TABLE 380-0072 and 380-0067 Breakdown of the Calculation • Current prices (x 1,000,000), seasonally adjusted, personal expenditures on food and beverages in the 3 rd quarter of 2016 = 126,896 Source: CANSIM table 380-0067 • Current prices (x 1,000,000), seasonally adjusted, household disposable income in the 3 rd quarter of 2016 = 1,178,012 Source: CANSIM table 380-0072 • Divide f&b expenditure by household disposable income. • 126,896/1,178,012 = 0.1077204 • Find out what 10.7 percent of the year is, by day. 365*0.1077204 = 39 • 39 days into the year is February 8th. Per capita expenditures and disposable income are determined using a population estimate of the third quarter from Statscan (36,286,425). Source: http://www5.statcan.gc.ca/cansim/a26?lang=eng&retrLang=eng&id=0510005&paSer=&pattern=&stByVal=1&p1=1&p2=31&tabMode=dataTabl e&csid= Food Freedom Day is calculated by taking Canadians’ total expenditure on food and beverages and dividing it by the total Canadian household disposable income to create a percentage. CFA then determines what this percentage of the year is, by day. Canadians spent 10.7% of their disposable income on food and beverages in 2016, which equates to 39 days, or February 8th.
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ReadmoreonFoodFreedonDayatwww.cfa-fca.ca
FoodFreedomDayStatistics’ExplanationIn2016,Canadiansareexpectedtohavespent10.7%oftheirdisposableincomeonfood.(Disposableincomepercapitaisexpectedtobeapproximately$32,464,in2016;expendituresonfoodandbeverageswillbeapproximately$3,497)Source:StatisticsCanada,CANSIMTABLE380-0072and380-0067BreakdownoftheCalculation
• Currentprices(x1,000,000),seasonallyadjusted,personalexpendituresonfoodandbeveragesinthe3rdquarterof2016=126,896Source:CANSIMtable380-0067
• Currentprices(x1,000,000),seasonallyadjusted,householddisposableincomeinthe3rdquarterof2016=1,178,012
Source:CANSIMtable380-0072
• Dividef&bexpenditurebyhouseholddisposableincome.• 126,896/1,178,012=0.1077204
• Findoutwhat10.7percentoftheyearis,byday.
365*0.1077204=39
• 39daysintotheyearisFebruary8th.
PercapitaexpendituresanddisposableincomearedeterminedusingapopulationestimateofthethirdquarterfromStatscan(36,286,425).Source:http://www5.statcan.gc.ca/cansim/a26?lang=eng&retrLang=eng&id=0510005&paSer=&pattern=&stByVal=1&p1=1&p2=31&tabMode=dataTable&csid=FoodFreedomDayiscalculatedbytakingCanadians’totalexpenditureonfoodandbeveragesanddividingitbythetotalCanadianhouseholddisposableincometocreateapercentage.CFAthendetermineswhatthispercentageoftheyearis,byday.Canadiansspent10.7%oftheirdisposableincomeonfoodandbeveragesin2016,whichequatesto39days,orFebruary8th.
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