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How Tariffs Are Affecting Your Grocery Bill (And What You Can Do About It)

If your grocery bill has been giving you sticker shock lately, you're not imagining things — and you're definitely not alone. Millions of Canadians across the country are opening their wallets wider at the checkout, and a big part of the reason can be traced back to one word: tariffs . In this post, we break down exactly what's been happening, how much it's costing you, which foods are hit hardest, and — most importantly — what you can do right now to protect your budget . 💡 Quick Stat: Canada's Food Price Report 2026 predicts a family of four will spend roughly $17,572 on groceries this year — nearly $1,000 more than last year.  What Happened? A Quick Timeline The grocery price squeeze didn't happen overnight. Here's the short version of what led us here: Early 2025: U.S. President Donald Trump imposed broad tariffs on Canadian goods entering the United States, rattling our export-heavy economy. March 2025: Canada fired back with 25% counter-tariffs ...
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Market Retreat: European Turmoil and Tesla’s Pay Package in Focus


US stock futures pulled back on Friday, signaling a retreat from all-time highs as European turmoil rattled nerves and Elon Musk’s pay package win put Tesla (TSLA) center stage. Here are the key points:

  • Dow Jones Industrial Average (YM=F) futures sank about 0.7%, leading the declines.
  • S&P 500 (ES=F) futures shed 0.5%.
  • Contracts on the tech-heavy Nasdaq 100 (NQ=F) were roughly 0.2% lower.

Stocks have been losing steam after the benchmark S&P 500 and Nasdaq Composite nailed record closes for the fourth day in a row, driven by strength in tech stocks. However, questions persist about the breadth of this year’s rally. Investors are closely watching the coming PCE inflation reading, which could impact the Federal Reserve’s interest rate decisions.

Meanwhile, Tesla shares were up around 1% in Friday’s premarket after shareholders re-approved CEO Elon Musk’s $56 billion pay package. Despite opposition from some large investors, 77% of votes were cast in favor, the EV maker said.

Not helping spirits was a slump in European stocks, which were headed for their worst week since October. Investors are concerned about the fallout for markets if the far right makes gains or even wins France’s snap election. Another dose of worry came from the Bank of Japan’s decision to hold off from giving details of its bond-buying cuts until July, a surprise move interpreted as delaying a rate hike.

In individual movers, Adobe (ADBE) shares jumped 15% after an upbeat AI sales projection from the Photoshop maker. Investors are also eyeing political turmoil in France as uncertainty about rate cuts dogs the market.


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