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How to Protect Your Wallet from Rising Food Prices in Canada

   The 2026 Survival Guide — 10 proven strategies to cut your grocery bill and fight back against inflation. MoneySavings.ca  ·  May 10, 2026  ·  8 min read If your grocery bill has been quietly climbing, you're not imagining it. Canadian families are facing the steepest food inflation in years — but with the right strategies, you can fight back. Here's exactly what to do. The Numbers Are Real — And They Hurt Let's not sugarcoat it. According to the 2026 Canada Food Price Report , food prices across the country are expected to rise between 4% and 6% this year, driven largely by beef prices climbing roughly 7%. The culprits? A perfect storm of US–Canada trade tariffs, shrinking cattle herds, and rising supply chain costs. $17,571 Projected food spend for a family of 4 in 2026 +$994 More than in 2025 — per family, per year +27% Higher than just five years ago 4–6% Overall food price increas...
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Trump’s Cooking Oil Threat to China Lands After Trade Already Slumped

        China and U.S. flags are displayed alongside a miniature worker in this illustration picture taken November 7, 2024.

U.S. President Donald Trump has turned his attention to China’s cooking oil trade, warning that Washington could cut off purchases as part of escalating trade tensions. But analysts note the move may have little real impact—because Chinese exports of used cooking oil to the U.S. were already in steep decline.

Used cooking oil, often repurposed for biofuel production, had once been a lucrative export. In 2024, shipments to the U.S. hit a record 1.27 million tons, valued at about $1.2 billion. But after Beijing scrapped tax relief on exports, sales plunged this year. By mid-2025, volumes had dropped to around 387,000 tons, down more than 40% from the previous year.

Trump framed the move as retaliation for China’s decision to halt purchases of U.S. soybeans, a far more valuable commodity worth over $12 billion annually. While the cooking oil dispute adds another flashpoint to the trade war, experts suggest it is largely symbolic compared to the broader agricultural and energy trade between the two nations.


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