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Thanksgiving Dinner Costs 10% More. So Why Is Grocery Inflation Only 2.8%?

  Thanksgiving is tomorrow, and if you're still planning the grocery run, the numbers are not in your favour. Dalhousie University's Agri-Food Analytics Lab prices a turkey dinner for four at $35.72 this year, up 10% from $32.48 in 2025. Here's the catch: Statistics Canada says grocery prices rose just 2.8% in August, and that was the first time in more than two years that food inflation came in below the overall rate (3.0%). So why does the holiday table feel so much pricier than the grocery aisle overall? The turkey is doing most of the damage Dalhousie's basket covers a 7-lb whole turkey plus potatoes, carrots, dinner rolls, pumpkin pie, cranberries, stuffing and gravy. Here's how the pieces moved: Item (dinner for four) 2025 2026 Change Turkey dinner, total $32.48 $35.72 +10.0% The turkey itself (7 lb) $10.43 $12.53 +20.1% Everything else (sides, pie) $22.05 $23.19 +5.2% Ham dinner, total $34.87 $36.37 +4.3% Source: Dalhousie Agri-Food Analytics Lab (totals, t...
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Wall Street and Global Markets Take a Dip After Holiday Weekend

 

Wall Street and global markets started the week on a bearish note, with the S&P 500 and Dow Jones Industrial Average futures down 0.3% and 0.2%, respectively, before the bell. The Hong Kong benchmark index fell more than 2%, and investors were left without cues from overnight trading due to the holiday weekend.

Investors have been betting on the Federal Reserve cutting its main interest rate six or more times through 2024, a much more aggressive track than the Fed itself has hinted at. However, after a roaring start to the year, investors are growing a bit more cautious about how soon the Fed will begin cutting interest rates, how quickly, and by how much.

The first quarter of this year may be marked by the realization that it’s too early for the central banks to cut the interest rates unless something really bad hits the fan.

Microsoft rose about 0.7%, to $391.25 per share, before the bell Tuesday, vaulting past Apple to become the world’s most valuable publicly-traded company with a market capitalization of $2.89 trillion.


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