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By Special to MoneySense on July 6, 2015
Estimated reading time: 1 minute

Starbucks to raise some drink prices by up to 20¢

By Special to MoneySense on July 6, 2015
Estimated reading time: 1 minute

Price hike will only affect 10% of drinks

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starbucks canada — (Getty Images / Melanie Conner)

TORONTO – Starbucks Canada will raise prices on some of its beverage sizes by 10 to 20 cents starting Tuesday. The coffee chain says the adjustments will only apply to 10 per cent of its drinks — and won’t impact some of its most popular items. Company spokeswoman Carly Suppa says the price hikes will vary by province. She says a brewed coffee in a Venti cup — the largest size at Canadian stores — will increase by 10 cents in some provinces. Starbucks mobile tipping: Will you use it? » Lattes in a Grande or Venti cup will go up by 20 cents, depending on the province. Suppa says prices for these particular drinks haven’t increased in a year and a half to three years. In the United States, Starbucks also announced separate price changes to some of its drinks. The company says small and large coffees will each go up by 10 cents U.S. in most areas of the country. The decision comes even as some other U.S. coffee sellers cut their prices because of declines in future prices for unroasted coffee beans. — with files from The Associated Press 5 things your barista isn’t telling you »

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