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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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Ottawa Extends $1 Billion Lifeline to Canada Post

 

The federal government has announced a $1 billion loan to Canada Post to help the Crown corporation maintain its operations amid significant financial challenges. The funding, which will be provided through the 2025-26 fiscal year, aims to ensure that Canada Post can continue to meet its non-discretionary obligations and avoid running out of cash.

Canada Post has faced substantial annual losses since 2018, driven by rapid changes in the postal and parcel delivery sectors, high labor costs, and legacy regulatory measures. The loan is intended to serve as a temporary financial bridge while the government and Canada Post work together on long-term changes to secure the viability of the postal service.

The announcement comes after a strike by Canada Post workers late last year, which brought mail delivery to a halt until the federal government intervened to end the job dispute. Public Services and Procurement Canada emphasized that the funding is necessary to ensure continuity of operations but will not solve the structural issues facing the corporation.

Canada Post has committed to working with the government to modernize its operating model and return to financial self-sustainability. The corporation has already made efforts to improve service through facilities upgrades, new sorting equipment, and digital platforms.



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