Canada\u2019s iconic coffee chain is charging more for the drink, reflecting a wider trend of jittery coffee prices. <\/p>\n
In a statement to CTV News, a Tim Hortons spokesperson said the restaurant chain is raising coffee prices for the first time in three years, suggesting that compared to inflation<\/a>, the price increase of 1.5 per cent per cup was \u201cmore than reasonable.\u201d <\/p>\n The price of coffee beans has more than doubled, Tim Hortons said. According to MarketWatch.com<\/a>, the price jumped from C$2.21 to C$5.45 per pound over the last three years. The coffee chain said that the price hike would boil out to \u201can average of three cents per cup.\u201d<\/p>\n Outside of drive-thrus, Canadians paid 27.9 per cent more for their coffee at grocery stores in August compared to the same time last year, StatCan<\/a> reported last month. <\/p>\n Canada imports<\/a> nearly a quarter of its coffee from Colombia, with Brazil, Mexico, Peru and Central American countries making up the rest. The coffee trade was valued at more than $1.3 billion in July, importing 131 million kilograms of unroasted coffee. <\/p>\n U.S. tariffs affect your cup of joe<\/p>\n Although most of Canada\u2019s unroasted coffee comes from Mexico and further south, roasted coffee largely comes from the United States, according to StatCan. <\/p>\n Canada imported 3.9 million kilograms of roasted coffee, mostly from the U.S. in July 2025. Roasted coffee was among the products affected by U.S. President Donald Trump\u2019s tariffs on Brazil and then were part of Canada\u2019s retaliatory tariffs on the U.S., StatCan reported.<\/p>\n The statistics agency said that the counter-tariff measures were \u201cpossibly affecting costs for some Canadian coffee importers.\u201d<\/p>\n Food prices rising especially fast<\/p>\n