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Canadian Families Brace for Steeper Grocery Bills in 2026

  Canadian households are facing another financial squeeze at the checkout line. Grocery costs are projected to rise between 4% and 6% , leaving the average family of four paying nearly $1,000 more for food compared to 2025. Families are expected to spend $17,571.79 on groceries in 2026 , an increase of $994.63 from the previous year. This marks yet another jump in food costs, which are now 27% higher than they were five years ago . What’s Driving the Increase? Meat prices are expected to lead the surge, with beef projected to climb by as much as 7% . Vegetables may rise 3% to 5% , while fruit could see increases of 1% to 3% . Bakery, dairy, and eggs are forecasted to rise 2% to 4% , while seafood will edge up 1% to 2% . Even restaurant meals and packaged goods are expected to jump 4% to 6% , compounding the pressure on household budgets. Regional Impact Families in Alberta, New Brunswick, Nova Scotia, Ontario, and Quebec are expected to feel the pinch more acute...
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Wall Street Edges Down as Retail Earnings Take Center Stage



Wall Street is poised slightly lower, anticipating a week dominated by earnings reports from major retailers. Here are the key highlights:

  1. Market Outlook:

    • Futures for the S&P 500 and the Dow Jones Industrial Average have dipped approximately 0.1% before the opening bell.
    • Investors keenly await earnings data, which serves as a crucial indicator for the trajectory of the U.S. and global economies.

  2. Noteworthy Developments:

    • Domino’s, the pizza delivery giant, has surged by 6.5% pre-market after surpassing Wall Street’s sales and profit expectations.
    • Zoom, the video conferencing company, is set to report its earnings later today.
    • Amazon.com officially joins the prestigious Dow Jones industrials, replacing Walgreens Boots Alliance.
    • Uber Technologies Inc. will replace JetBlue Airways Corp. on the Dow Jones Transportation Average, enhancing the index’s tracking of the ride-sharing sector.

  3. Upcoming Retail Earnings:

    • Keep an eye on quarterly financial results from major retailers:
      • Lowe’s: The home improvement retailer.
      • Dollar Tree: The discount retailer.
      • Macy’s: The department store chain.
      • Best Buy: The electronics retailer.

  4. Economic Data:

    • Expect updates on consumer confidence, inflation, and the pace of growth in the U.S. during the October-December quarter.
    • The Federal Reserve’s efforts to manage inflation remain in focus, with expectations of a rate cut in June instead of March.

  5. Global Markets:

    • In Europe, France’s CAC 40 slipped 0.4%, Germany’s DAX edged 0.1% higher, and Britain’s FTSE 100 declined 0.3%.
    • The Nikkei 225 in Tokyo gained 0.4%, reaching 39,233.71.

Stay tuned for a week of market movements driven by earnings revelations and economic indicators. 

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