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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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Markets on Pause: Retail Earnings and Fed Signals Take Center Stage



U.S. stock index futures edged lower Monday morning, taking a breather after a two-week rally that pushed the Dow to record highs. Investors are shifting their attention to a packed week featuring earnings from retail heavyweights and the Federal Reserve’s annual Jackson Hole symposium.

At 7:01 a.m. ET, Dow E-minis slipped 0.16%, S&P 500 futures eased 0.12%, and Nasdaq 100 futures dipped 0.10%. The cautious tone comes as traders weigh how Walmart, Home Depot, and Target have navigated inflation pressures and shifting consumer sentiment.

The Fed gathering, running August 21–23, is expected to feature remarks from Chair Jerome Powell that could clarify the central bank’s policy path. Markets are currently pricing in a 25-basis-point rate cut in September, though expectations for further easing this year have cooled.

Geopolitical developments are also in play, with President Donald Trump preparing to meet Ukraine’s Volodymyr Zelenskiy and European leaders in a renewed push for a peace deal with Russia.

Early movers included UnitedHealth, up 2.8% after last week’s surge, while crypto-linked stocks fell alongside Bitcoin. M&A headlines added intrigue, with Dayforce soaring on buyout talks and Soho House jumping on a privatization bid.

Overall, Wall Street appears to be in a holding pattern — waiting for fresh cues from corporate America and the Fed before making its next big move.

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