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Canada's Inflation Just Hit a 3-Year High—Here's What That Actually Means for Your Money

May's Consumer Price Index report reveals inflation is accelerating again, driven by global oil shocks and rising food costs. We break down the impact on mortgages, savings, and your household budget. Last week, Canada's inflation story took a sharp turn. The May Consumer Price Index report showed inflation climbing to its highest level in three years—a wake-up call for households already struggling with rising costs and a signal that the Bank of Canada's long hold on interest rates may not ease anytime soon. If you've been hoping for relief at the grocery store or relief on your mortgage renewal, this news probably stings. But understanding what's driving inflation—and what it means for your financial decisions—is critical right now. What Pushed Inflation Up This Time? The spike wasn't random. Inflation jumped primarily due to energy and food prices—two categories that hit everyday Canadian wallets hard. Energy prices surged because of geopolitical tensions in ...
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Healthy Kids' Meals and Snacks: Wholesome and Easy Recipes

 




Chicken Avocado Wraps

Ingredients
  • 2 chicken leg quarters, skin removed
  • 1 tablespoon canola oil
  • 1 can (14-1/2 ounces) diced tomatoes, undrained
  • 1/3 cup chopped onion
  • 1/2 teaspoon ground cumin
  • 1/8 teaspoon salt
  • Dash cayenne pepper
  • 1/2 medium ripe avocado
  • 2 tablespoons lime juice
  • 4 whole wheat tortillas (8 inches), warmed
  • Fresh cilantro leaves, optional

Directions

  • In a large skillet, brown chicken in oil. Stir in the tomatoes, onion, cumin, salt and cayenne. Bring to a boil. Reduce heat to low; cover and cook until a thermometer inserted in chicken reads 180°, stirring occasionally, 25-30 minutes.
  • Remove chicken. When cool enough to handle, remove meat from bones; discard bones. Shred meat with 2 forks; return to skillet. Bring to a boil. Reduce heat; simmer, uncovered, until the sauce is thickened, 8-10 minutes.
  • Peel and slice avocado; drizzle with lime juice. Spoon 1/2 cup chicken mixture over each tortilla. Top with avocado and, if desired, cilantro; roll up.
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