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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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Market Watch: Investors Brace for Nvidia's Earnings Amid Market Slump

The stock market saw a slight downturn on Wednesday as investors eagerly awaited Nvidia's earnings report, a key indicator for the tech sector. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all slipped by more than 0.1%, reflecting cautious sentiment ahead of the chipmaker’s highly anticipated results.

Nvidia’s earnings report is expected to provide crucial insights into the demand for AI-related technology, which has been a driving force behind recent market optimism. Analysts predict that if Nvidia surpasses expectations and delivers a strong outlook, it could trigger a broader rally across major indices.

Meanwhile, retail stocks showed mixed performance, with Abercrombie & Fitch surging over 24% following a positive quarterly report, while Macy’s posted modest gains despite revising its 2025 outlook due to tariff uncertainties. Investors are also keeping an eye on the Federal Reserve’s meeting minutes, set to be released later in the day, for further economic insights.

With Nvidia’s earnings looming large, Wall Street remains on edge, hoping for a positive signal that could reinvigorate market momentum.

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