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10 Proven Ways Canadian Families Can Save Big on Groceries This Summer

  Published on moneysavings.ca | Personal Finance & Everyday Savings If you've been to a Canadian grocery store lately, you already know — the sticker shock is real. Feeding a family in Canada has become one of the biggest household expenses, and with food prices still elevated, many families are looking for smart, practical ways to stretch every dollar. The good news? You don't have to sacrifice quality or go hungry to save big. With a few simple habit changes, many Canadian families are cutting hundreds of dollars off their monthly grocery bills. Here are 10 strategies you can start using today. 1. Shop the "Reduced for Quick Sale" Section First Every major grocery store in Canada — from Loblaws to Sobeys to Walmart — has a section dedicated to items nearing their best-before date. These items are often marked down by 30–50%, and they're perfectly good to eat within a day or two (or freeze immediately). Make it a habit to check this section the moment...
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Stock Market Today: S&P 500 and Nasdaq Surge as Tesla Leads Earnings Rally

 

In today’s stock market, the S&P 500 and Nasdaq Composite made significant gains, fueled by a fresh wave of earnings reports. Here are the highlights:

  1. S&P 500 Rebounds: The benchmark S&P 500 (^GSPC) rose more than 1% after staging a comeback from a six-day run of losses in the previous session. Investors are optimistic about tech-focused companies’ earnings, which could help pull stocks out of the slump they’ve faced since the start of the year.

  2. Tesla’s Impact: Tesla (TSLA), often referred to as one of the “Magnificent Seven,” is in the spotlight. The electric vehicle (EV) maker’s earnings report is highly anticipated, given its weight in the S&P 500 index. Tesla’s shares have faced headwinds due to a disappointing delivery outlook, the cancellation of plans for a sub-$30,000 model, and a shift in strategy toward robotaxis. As the first major tech company to report this week, Tesla’s results set the stage for other giants like Meta (formerly Facebook), Microsoft, and Alphabet.

  3. Other Earnings: Legacy automaker General Motors (GM) kicked off earnings season with strong first-quarter results and an upward revision to its full-year guidance. GM’s shares rose around 5%. Meanwhile, Spotify (SPOT) stock jumped after the audio streaming company swung to a profit, beating expectations.

  4. Market Bottom? Fundstrat’s head of research, Tom Lee, suggests that US stocks may be near a market bottom. Elevated inflation expectations and hedge fund short interest surging to 2022 levels are among the signs. Lee points to technical levels for the S&P 500 to watch: 5019.02 (a positive sign if surpassed) and 4953.56 (a potential setup for a buy signal).

Overall, today’s market performance reflects optimism driven by earnings reports and the anticipation of tech giants’ results. Keep an eye on Tesla and other major players as they continue to shape market sentiment.


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