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How to Protect Your Wallet from Rising Food Prices in Canada

   The 2026 Survival Guide — 10 proven strategies to cut your grocery bill and fight back against inflation. MoneySavings.ca  ·  May 10, 2026  ·  8 min read If your grocery bill has been quietly climbing, you're not imagining it. Canadian families are facing the steepest food inflation in years — but with the right strategies, you can fight back. Here's exactly what to do. The Numbers Are Real — And They Hurt Let's not sugarcoat it. According to the 2026 Canada Food Price Report , food prices across the country are expected to rise between 4% and 6% this year, driven largely by beef prices climbing roughly 7%. The culprits? A perfect storm of US–Canada trade tariffs, shrinking cattle herds, and rising supply chain costs. $17,571 Projected food spend for a family of 4 in 2026 +$994 More than in 2025 — per family, per year +27% Higher than just five years ago 4–6% Overall food price increas...
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TSX Futures Slide Amid Global Market Turmoil

 

Futures linked to Canada’s main stock index took a tumble on Tuesday, echoing the brutal sell-off seen across global markets on Monday. The trigger? Recession fears in the United States.

September futures on the S&P/TSX index were down 1.8% at 6:48 a.m. ET (10:48 GMT). Investors worldwide scrambled toward safe-haven assets after weaker U.S. economic data last week raised concerns about a recession in the world’s largest economy.

While investor sentiment was partially soothed by a rebound in U.S. services sector activity and signals of rate cuts from Federal Reserve policymakers, the benchmark U.S. S&P 500 and Nasdaq both closed 3% lower on Monday.

Canadian markets were closed for a holiday, but attention remains on domestic employment figures due later this week and a host of Fed policymakers scheduled to speak throughout the month.

In corporate news, Suncor Energy and iA Financial are set to report their quarterly figures after the closing bell today.

Commodities at 6:48 a.m. ET:

  • Gold futures: $2,423 (+0.5%)
  • U.S. crude: $73.32 (+0.5%)
  • Brent crude: $76.62 (+0.4%)

Stay tuned for further updates as the market volatility continues.





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