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Groceries Are Getting Pricier Again: How Canadians Can Save

  Groceries Are Getting Pricier Again: How Canadians Can Save If your grocery bill feels heavier lately, you're not imagining it. Food prices in Canada have jumped significantly in 2026 , and families across the country are feeling the squeeze at checkout. According to recent data, vegetables and meat are each up more than 9% year-over-year, and the average family of four is projected to spend about $994 more on groceries in 2026 than in 2025 . For many households, that's nearly $1,000 in extra food costs they weren't expecting. But here's the good news: you don't have to accept higher grocery bills as inevitable . With the right strategies and a bit of planning, you can fight back against inflation and keep your food budget in check. We've compiled the most practical, actionable tips that work for Canadian households right now. The Reality Check: Canada's inflation rate hit 2.4% in June, with food prices leading the way. Ontario is experiencing the highest...

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U.S. Markets Tumble on Earnings, Bond Yields

U.S. stocks fell on Wednesday, October 25, 2023, as investors digested mixed earnings reports from Microsoft and Alphabet while Treasury yields pushed higher. The Dow Jones Industrial Average dropped 0.32% to 33,035.93 points, the S&P 500 index slid 1.43% to 4,186.77 points, and the Nasdaq composite index plunged 2.43% to 12,821.22 points.

Alphabet shares slid more than 9% after the Google parent beat on earnings and revenue but fell short in its cloud business. Microsoft shares rose 3% after its own double beat showed its bets on AI were paying off for its cloud segment. Other tech giants such as Amazon and Meta also declined ahead of their earnings reports.

The earnings season also coincided with a surge in bond yields, as the Bank of Canada and the U.S. Federal Reserve signaled their readiness to fight inflation by keeping interest rates high. The BoC held its key rate at 5.0%, but lowered its 2023 growth forecast to 1.2%. The Fed is expected to announce its tapering plans next week.

The higher yields weighed on rate-sensitive sectors such as technology and real estate, but boosted energy and financial stocks. The Canadian dollar traded for 79.23 cents US compared with 79.28 cents US on Tuesday.



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