An official sponsor of FIFA World Cup 2026, Canada is the only global market to feature soccer stars on Lay's packaging, including two Canadian players.
Basic groceries such as bread, meat, cereal and produce are already tax-exempt. The budget bill would extend the exemption to snacks, soft drinks and prepared meals such as rotisserie chickens in grocery and convenience stores.
As the conflict in the Middle East drags on and the global oil supply dwindles, the price of gas continues to hover near historic highs, with no sign of dropping before the travel-heavy summer season kicks off in earnest — or even before it winds down.
Economists at Royal Bank pin much of the blame on higher gas prices, noting that the average price of gasoline accelerated another eight per cent in April after a 21 per cent surge in March.
