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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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Stock Market Update: S&P 500 and Nasdaq Futures Climb as Fed Delivers and Meta Jumps

 


The stock market is showing positive momentum today, with futures for the S&P 500 and Nasdaq rising. This uptick comes on the heels of encouraging signals from the Federal Reserve and strong earnings reports from Meta Platforms.

Federal Reserve’s Impact: Federal Reserve Chair Jerome Powell has bolstered market confidence by suggesting that a rate cut could be on the table for September. This has increased traders’ expectations for a potential 25-basis-point reduction, with some even speculating a 50-basis-point cut.

Meta’s Strong Performance: Meta Platforms has seen a significant boost, with its shares climbing over 7% in pre-market trading. The company’s second-quarter earnings exceeded expectations, and its optimistic third-quarter sales forecast has further fueled investor enthusiasm.

Market Reactions: The positive news from Meta and the Federal Reserve has led to a rally in tech stocks. Futures on the S&P 500 and the tech-heavy Nasdaq 100 are both up roughly 0.4%, while Dow Jones Industrial Average futures have edged up by 0.1%.

Looking Ahead: Investors are now turning their attention to upcoming earnings reports from other major tech companies, including Apple and Amazon, which are due after the bell. Additionally, the market is awaiting the release of the July jobs report, which will provide further insights into the labor market and its impact on Fed policy.

Stay tuned for more updates as the market continues to react to these developments.


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