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Best Cashback Credit Cards in Canada for 2026

  Best Cashback Credit Cards in Canada for 2026 · moneysavings.ca/canadian Credit Cards Cashback Personal Finance Canada Money Saving Tips Banking 2026 Guide By MoneySavings.ca Editorial Team Updated May 2026 Read time ~9 min With grocery prices up 4–6% this year, your credit card should be working harder for you. We've ranked the top cashback cards so you keep more of every dollar you spend. Every dollar you spend on groceries, gas, and bills is an opportunity to earn money back — yet millions of Canadians are still using cards that give them next to nothing in return. With living costs rising and grocery prices projected to climb another 4–6% in 2026, choosing the right cashback credit card has never mattered more. We've done the legwork: crunching earn rates, annual fees, welcome bonuses, and real-world spending scenarios to bring you the definitive list of Canada's best cashback credit cards for 2026 . How we rank: Our scores weight 30% to groceries, 10% to ...
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U.S. stocks open mixed and turn lower after inflation report as Fed decision looms


  • Inflation data: The U.S. cost of living increased 0.1% month over month and 3.1% year over year in November, slightly higher than expected. Core inflation was in line with estimates at 0.3% month over month and 2.3% year over year.
  • Market reaction: U.S. stocks opened mixed and turned lower after the inflation report, as investors weighed the implications for interest rates and the Fed’s policy outlook. The Dow Jones Industrial Average fell 0.43%, the S&P 500 slid 0.39%, and the Nasdaq Composite dropped 0.2% on Tuesday.
  • Fed decision: The Federal Reserve is set to announce its interest rate decision on Wednesday, with no change expected in the current range of 5.25% to 5.50%. The Fed is also expected to provide an update on its balance sheet reduction plan and its economic projections for 2024 and beyond.
  • Market outlook: The S&P 500 index is near its record high, having gained 20.4% year to date, partly on hopes of slowing inflation and rate cuts in the future. However, some analysts warn that the inflation trend is still above the Fed’s 2% target and that the central bank may have to tighten monetary policy more than expected to keep inflation under control.
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