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Markets Digest Hot U.S. Inflation as Iran Tensions Keep Oil Elevated

Publication:  moneysavings.ca / Canadian Money Brief  Date:  Tuesday, May 13, 2026 The TSX opens cautiously Wednesday after hotter-than-expected U.S. CPI data rattled Wall Street on Tuesday, while Strait of Hormuz disruptions continue to lift energy stocks and pressure the loonie toward 1.35 against the greenback. TSX ~34,291 S&P 500 7,400.96 ▼0.16% WTI Oil ~$102/bbl ▲ Gold ~$4,721 USD/oz ▼ USD/CAD ~1.35 US CPI Apr 3.8% ▲ (est. 3.7%) Market Overview Canadian investors are starting Wednesday on a cautious note following a mixed session south of the border. U.S. equities dipped Tuesday after April's consumer price index came in at 3.8% — a touch above the 3.7% consensus forecast and the highest reading since May 2023 — while the core rate held at 2.8%, also above expectations. The data has effectively closed the door on any Federal Reserve rate cuts in 2026, with traders now pricing in a roughly 70% chance of a rate hike by April 2027. For Canadians, the ripple effects...
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10 Tips to Save Money on Your Grocery Bill

 


Here are some tips to save money on groceries:

Grocery shopping can be a significant expense for many families. However, there are several ways to save money on your grocery bill without sacrificing quality or nutrition. Here are ten tips to help you save money on groceries:

  1. Plan your meals: Planning your meals ahead of time can help you avoid buying unnecessary items and save money on groceries 

  2. Make a list and stick to it: Before going to the grocery store, make a list of the items you need and stick to it. This will help you avoid impulse purchases and save money in the long run.

  3. Buy generic brands: Generic brands are often cheaper than name brands and can save you up to 25% on your grocery bill.

  4. Shop at discount stores: Discount stores like Real Canadian Superstore and No Frills offer lower prices on groceries compared to other stores. You can save up to 10% on your grocery bill by shopping at these stores.

  5. Buy in bulk: Buying in bulk can save you money in the long run, especially for non-perishable items like rice, pasta, and canned goods.

  6. Use coupons: Coupons can help you save money on groceries, especially for name-brand items. You can find coupons in newspapers, online, and on store apps.

  7. Buy seasonal produce: Seasonal produce is often cheaper and fresher than out-of-season produce. You can save money by buying fruits and vegetables that are in season 

  8. Avoid pre-packaged foods: Pre-packaged foods are often more expensive than fresh ingredients. You can save money by cooking meals from scratch using fresh ingredients.

  9. Compare prices: Compare prices of different brands and stores before making a purchase. You can use online tools like Flipp to compare prices and find the best deals .

  10. Join loyalty programs: Many grocery stores offer loyalty programs that provide discounts and rewards to frequent shoppers. You can save money on groceries by joining these programs .

By following these tips, you can save money on your grocery bill and still enjoy delicious and nutritious meals.

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