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5 Things to Know Today — June 21, 2026

  Whether you're starting your week or wrapping up your weekend, here are the five Canadian money stories shaping your financial picture right now. 1 Canada Is Technically in a Recession — And the Political Fight Is On Canada's GDP contracted 0.1% on an annualized basis in Q1 2026, following a 1% decline in Q4 2025 — two consecutive quarters of negative growth that meet the textbook definition of a technical recession. Prime Minister Mark Carney has called it a "settling-in period" tied to his government's restructuring of the economy in response to the U.S. trade war. Conservative Leader Pierre Poilievre has been relentless in his counter-offensive, pointing to rising insolvencies, job losses and food bank usage as proof that the downturn is real, not technical. Many economists, including BMO's chief economist Douglas Porter, have noted that a future revision to Statistics Canada's data could erase the slim 0.1% contraction — meaning this may not ultimate...
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5 Tips to Save Money on Your Next Grocery Trip

 

Here are some tips to save money while grocery shopping:

1. Plan your meals

Before heading to the grocery store, plan your meals for the week. This will help you avoid buying unnecessary items and reduce food waste. Make a list of the ingredients you need for each meal and stick to it.

2. Look for deals

Check out the discount racks or look out for items that are on sale. You can also use coupons to save money. But be careful not to buy something just because it’s on sale.

3. Buy in bulk

Buying in bulk can save you money in the long run. You can purchase non-perishable items such as rice, pasta, and canned goods in bulk. This will help you save money and reduce the number of trips you make to the grocery store.

4. Shop at the right time

Try to shop at the grocery store during off-peak hours. This will help you avoid crowds and long lines. You can also take advantage of the markdowns on perishable items that are close to their expiration date.

5. Avoid pre-packaged items

Pre-packaged items are often more expensive than their unpackaged counterparts. For example, you can save money by buying a block of cheese and shredding it yourself instead of buying pre-shredded cheese.


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