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Why Your Grocery Bill Keeps Rising — And What You Can Do About It

  It's not just gas. Canada's food inflation hit its highest pace in over a year in May 2026 — and produce prices are leading the charge. MoneySavings.ca  |  June 27, 2026 If your grocery receipts have been giving you sticker shock lately, you're not imagining things. Canada's official inflation figures, released by Statistics Canada on June 22, confirm that food prices are climbing faster than the overall cost of living — and have been for 16 consecutive months . If you're trying to figure out why your weekly shop costs so much more than it did a year ago, here's a plain-English breakdown — and some practical steps you can take to soften the blow. By the Numbers — May 2026 (Statistics Canada) Overall CPI: +3.2% year over year (highest since December 2023) Grocery prices (food purchased from stores): +4.3% year over year Fresh vegetables: +9.0% year over year Fresh fruit: +5.3% year over year Tomatoes: +45.2% year over year Lettuce: +10.7% year over year G...
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Global IT Outage Sends Dow Futures Tumbling

                                             

The stock market faced turbulence today as Dow futures slipped following a massive global IT outage. This unprecedented disruption affected various sectors, including travel, finance, and healthcare, causing significant operational challenges worldwide.

The Dow Jones Industrial Average futures fell by 0.2%, reflecting investor concerns over the outage’s impact. The S&P 500 futures saw a slight increase of 0.1%, while the tech-heavy Nasdaq 100 futures edged up by 0.2%.

The outage, linked to a botched update from cybersecurity firm CrowdStrike, led to widespread disruptions. Flights were grounded, banks experienced service interruptions, and media companies faced broadcasting issues. Although CrowdStrike has implemented a fix, the fallout continues to affect global markets.

Investors are now closely monitoring the situation, hoping for stability as the fix takes effect. The market’s reaction underscores the vulnerability of global systems to IT disruptions and the far-reaching consequences of such events.


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