Tim Hortons raises coffee prices amid soaring bean costs in Canada

Tim Hortons has confirmed a price increase on its coffee, marking the first rise in nearly three years. The adjustment comes as coffee bean costs surge globally due to inflationary pressures and supply chain challenges.

The company said the average increase will be around 1.5 per cent per cup, equating to approximately three cents more per serving. Tim Hortons described the change as “more than reasonable” and emphasized that it reflects the rising cost of sourcing quality coffee beans.

Canada’s coffee market has seen significant price growth recently. Statistics Canada reported that coffee prices at grocery stores jumped 27.9 per cent in August 2025 compared to the same month in 2024. These increases reflect global supply challenges, weather-related crop impacts in major coffee-producing countries, and fluctuating currency rates.

A large portion of Canada’s coffee is imported from countries such as Colombia, Brazil, Honduras, Guatemala, Mexico, and Peru. Additionally, imports from the United States play an important role, with 3.9 million kilograms of roasted coffee entering Canada in July 2025 alone. Statistics Canada noted that these imports are affected by U.S. tariffs as well as Canada’s counter-tariff measures, which can influence overall costs for Canadian buyers.

For consumers, the price change is modest but symbolic, highlighting the broader pressures faced by food and beverage companies in Canada as they navigate rising global commodity prices. With coffee being a daily staple for millions, even small price adjustments can have a noticeable impact over time.