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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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US Stock Market Awaits Fed Decision Amidst Earnings Anticipation


As the US stock market approaches a pivotal moment, investors hold their breath in anticipation of the Federal Reserve’s rate decision and Amazon’s upcoming earnings report. The pause in US futures signals a cautious stance before these significant events, potentially marking the end of a five-month winning streak.

Key Takeaways:

  • Fed’s Rate Decision: Investors expect the Federal Reserve to maintain interest rates at high levels, with the two-day meeting commencing today.
  • Amazon’s Earnings: The market eagerly awaits Amazon’s results, which could influence the direction of a Big Tech-driven rally.
  • Market Performance: April has been tough for stocks, with major indexes likely to report monthly losses despite recent recovery attempts.
  • Price Hikes Impact: Companies like Coca-Cola and Molson Coors report strong quarters, attributing success to effective price increases amidst inflation concerns.

This brief pause reflects the market’s uncertainty and the high stakes involved in the upcoming announcements, which could set the tone for future market trends.

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