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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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Venezuela Cooperation Prompts Trump to Halt Planned Second Strike

Military personnel hold an honour guard during the funeral of soldiers killed in the U.S. operation to capture Venezuela’s leader Nicolas Maduro, at a cemetery in Caracas.

U.S. President Donald Trump announced Friday that he has canceled a previously expected second wave of military attacks on Venezuela, citing what he described as “important” cooperation from the South American nation. The decision follows Venezuela’s release of large numbers of political prisoners and new commitments to work with the United States on rebuilding its oil and gas infrastructure.

In a post on his Truth Social platform, Trump said the prisoner releases were a sign that Venezuela was “seeking peace,” adding that the two countries were “working well together” on energy‑sector reconstruction. He emphasized that the improved relationship made further military action unnecessary, though U.S. naval vessels would remain positioned near Venezuela “for safety and security purposes”.

The announcement comes less than a week after U.S. strikes in Caracas resulted in the capture of Venezuelan President Nicolás Maduro, a development that has reshaped political dynamics in the region. Trump also highlighted expectations of at least $100 billion in investment from major U.S. oil companies as part of Venezuela’s planned energy overhaul.

While the cancellation of the second strike signals a shift toward diplomatic engagement, the situation remains fluid as both nations navigate the aftermath of the initial U.S. operation and the emerging political landscape in Caracas.


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