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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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US and Australia Seal Multi-Billion Dollar Deal on Minerals and Defense

                                           U.S. President Donald Trump



Australia and the United States have announced a sweeping agreement to invest billions of dollars in critical minerals and defense projects, underscoring their deepening strategic partnership amid rising global competition.

At a White House meeting on October 20, President Donald Trump and Australian Prime Minister Anthony Albanese signed a framework that commits both nations to jointly fund more than $3 billion in mining and processing projects over the next six months. The initiative focuses on rare earths and other critical minerals essential for advanced technologies, from electric vehicles to defense systems.

The Pentagon will also invest in a gallium refinery in Western Australia, a move aimed at reducing reliance on Chinese exports of the material, which is vital for semiconductors and military applications.

In addition, Australia pledged to significantly expand its overall investments in the United States, with projections reaching $1.44 trillion by 2035.

Both leaders emphasized that the deal strengthens not only economic ties but also defense cooperation, with the submarine pact under the AUKUS framework remaining a central pillar of their alliance.

The agreement highlights how Washington and Canberra are aligning their economic and security strategies to counter China’s dominance in critical supply chains and its growing influence in the Indo-Pacific.


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