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How inflation actually affects you

Inflation isn't just a number on the news. Here's what rising prices actually do to your wallet, savings, and everyday life in Canada. Canadian Money Brief   ·  Updated April 2026  ·  5 min read You've probably noticed that your groceries cost more than they did a few years ago. So does rent, a tank of gas, and a restaurant meal. But when the Bank of Canada announces that "inflation is at 2.8%," what does that actually mean for the money in your pocket? Let's cut through the economics jargon and get to what matters: the real, tangible ways inflation reshapes your financial life — whether you notice it or not. What inflation actually is Inflation is the rate at which prices across the economy rise over time. Canada's central bank tracks this using the Consumer Price Index (CPI), a basket of goods and services — think groceries, gas, rent, clothing, and internet plans — that a typical household buys. When that basket costs more than it did a year ago, we hav...
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Healthy Kids Recipes: Weeknight Turkey Tortilla Soup


Weeknight Turkey Tortilla Soup

Ingredients

  • 1 tablespoon olive oil
  • 1 large onion, chopped
  • 1 garlic clove, minced
  • 6 cups reduced-sodium chicken broth
  • 1 can (15 ounces) diced tomatoes, undrained
  • 1 can (4 ounces) chopped green chiles
  • 1 envelope reduced-sodium taco seasoning
  • 2 cups cubed cooked turkey
  • 2 cups frozen corn (about 10 ounces), thawed
  • 1/3 cup minced fresh cilantro
  • Optional toppings: tortilla strips, shredded Monterey Jack cheese, sliced avocado and lime wedges


Directions

  • In a Dutch oven, heat oil over medium-high heat. Add onion; cook and stir until tender, 1-2 minutes. Add garlic; cook 1 minute longer. Add broth, tomatoes, chiles and taco seasoning; bring to a boil. Reduce heat; simmer 5 minutes. Add turkey and corn; heat through. Stir in cilantro before serving. Serve with toppings of your choice.

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