Skip to main content

Featured

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...

article

Trump Urges Walmart to Absorb Tariffs Amid Price Hike Concerns


In a recent social media post, former U.S. President Donald Trump criticized Walmart for attributing its upcoming price increases to tariffs imposed by his administration. Trump insisted that the retail giant should "eat the tariffs" rather than passing the costs onto consumers.

Walmart had announced that it would begin raising prices later this month due to the financial strain caused by tariffs, particularly on goods imported from China. The company’s CEO, Doug McMillon, acknowledged that while Walmart strives to keep prices low, the magnitude of the tariffs makes it difficult to absorb all costs without affecting retail prices.

Trump, however, dismissed Walmart’s concerns, arguing that the company made billions in profits last year and should bear the burden of tariffs instead of shifting it to customers. He also suggested that China should share the responsibility for absorbing these costs.

The debate over tariffs and their impact on consumer prices continues to be a contentious issue, with businesses struggling to balance profitability and affordability for shoppers. As Walmart prepares for price adjustments, consumers and policymakers alike will be watching closely to see how the situation unfolds.

Comments