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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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RBC Shifts Hybrid Work Model: Employees to Spend More Time in Office

 


The Royal Bank of Canada (RBC) has announced a shift in its hybrid work policy, requiring employees to work in the office three to four days a week starting May 1. This move marks a change from previous arrangements, where most employees worked in-person two to three days per week.

In a memo to staff, RBC emphasized the importance of in-person collaboration, stating that employees in hybrid roles will now spend the majority of their time in the office. The bank's leadership will finalize plans and provide updates to individual teams.

RBC joins a growing list of major employers adjusting their remote work policies. Other financial institutions, such as the National Bank of Canada and Canadian Imperial Bank of Commerce, have also encouraged employees to return to the office for a significant portion of the workweek.

The shift reflects RBC’s commitment to fostering direct human connection, which CEO Dave McKay has previously described as essential to the bank’s culture and success. While hybrid work remains part of RBC’s strategy, the bank aims to strike a balance between flexibility and in-person collaboration.

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