A report by insolvency firm MNP Ltd. says 52 per cent of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month as higher interest rates and a rising cost of living have stretched budgets. The result for the July report…
Debt Worries up as Higher Interest Rates and Rising Cost of Living Take a Toll: MNP
Good News for Shoppers: Prices Dropping on These 13 Grocery Items
You don’t need me to tell you about skyrocketing food costs. Over the past couple of years, a trip to the grocery store to pick up eggs, milk, or butter has been breathtaking. The financial strain on consumers has become nearly unbearable. But now the price of some food items is starting to recede. The…
Fourth of July Cookout Costs Slightly Less This Year, Still More Expensive Than Two Years Ago
Americans planning to celebrate this Fourth of July with a cookout can expect to pay slightly less than they did last year, according to an annual survey by the American Farm Bureau Federation (AFBF), the nation’s largest general farm organization. According to this year’s estimate, families will pay on average $67.73 for groceries to feed…
Jeremy Hunt to Discuss Profiteering From Inflation With Consumer Watchdogs
Chancellor Jeremy Hunt is set to meet with consumer watchdogs on Wednesday amid concerns that some retailers have been raising prices to boost profits during the current period of high inflation. Retailers will face questions about failing to pass on lower costs to consumers, as Hunt meets with the Competition and Markets Authority (CMA), energy…
UK Grocery Inflation Drops to Lowest Monthly Rate But Still ‘Pretty Painful’: Report
Grocery price inflation has fallen to its lowest rate this year, bringing slight relief to British consumers, according to UK market research analysts. Grocery inflation sits at 16.5 percent for the four weeks to June 11, which is its lowest level since last year. However, analysts at the data analytics company Kantar have warned that…
UK Food Inflation Eases in May But Remains High, Says Retailers Group
Food inflation in the UK has fallen for the first time in almost two years, with experts suggesting that lower energy and commodity costs are driving food prices down. A report by the British Retail Consortium (BRC) and Nielsen, published on Tuesday, showed a deceleration from 15.7 percent to 15.4 percent in food inflation in…
Senate Passes Bill Giving Canadians One-Time Grocery Rebate on July 5
May 12, 2023
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Canadacanada health transferChrystia FreelndFoodfood pricesgroceryGrocery RebateinflationJean-Yves DuclosPierre PoilievreStatistics CanadaWorld
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With the Senate passing Bill C-46 on May 11, Canadians will be eligible to receive the so-called Grocery Rebate on July 5, which was promised in this year’s federal budget. “While inflation continues to come down for the ninth month in a row, in Budget 2023, our government is delivering new, targeted inflation relief for Canadians who need…
Starting Your Own Garden–However Big or Small
By Kaitlyn Keegan From Hartford Courant With prices at the grocery store still high, many people are turning to a more sustainable source of food: gardens. Whether you own your home or rent an apartment, there is a way for you to begin growing vegetables. Homeowners have a few options including starting a backyard garden…
World Food Prices Rise for First Time in a Year: FAO
The world price index of the United Nations food agency increased in April this year for the first time since April 2022, but it is still 20 percent lower than a March 2022 peak after the war in Ukraine started. The Food and Agriculture Organization’s (FAO) price index, which tracks the most globally traded food…
A Savvy Shopper’s Secrets for Buying in Bulk: How to Tell a Bum Deal from a Real Steal
Buying in bulk is an article of faith in these cost-conscious times, and judging by the boom in discount warehouse paradises and mega-markets, the trend is showing no sign of slacking. But is bulk buying really the answer to our prayers? That depends. When you first visit a discount warehouse, it’s stunning—aisle after aisle of…
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