Tim Hortons raises coffee prices for the first time in three years

Tim Hortons customers are in for an extra jolt this morning as the company raises its coffee prices for the first time in three years.

In an emailed statement to CHCH News, the coffee chain says the increase is by an average of three cents per cup on a large or extra large coffee and significantly below inflation.

Prices on small and medium coffees haven’t changed.

The statement says there was no single event that caused the price hike.

The increase represents an average of 1.5 per cent per cup versus the Consumer Price Index inflation of about seven per cent cumulatively over the last three years.

Tim Hortons says the price of coffee rose about 2.5 times from U.S.$158 per 100 pounds to U.S. $390 per 100 pounds during the same period.

According to Statistics Canada, consumers paid about 28 per cent more for their coffee at the grocery store than they did in 2024 due to unfavourable growing conditions in countries where beans are grown, and also U.S. tariffs.

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