Rising food prices are here to stay, says the Bank of Canada. As conflict in Iran drives up fuel and farming costs, Canadians can expect food inflation to remain high through the rest of the year.
Global oil prices receded after Iran and the United States agreed to a ceasefire in mid-June, but hostilities reignited between the nations last week, casting doubt over a lasting peace deal.
MTY Food Group navigates challenging times, reporting lower net income and revenue for the 13 weeks ending May 31, 2026, as consumer spending remains under pressure.
Kawartha Dairy released its latest flavour on June 22 to stores, bringing together two iconic fixtures in Canadian culture, just in time for Canada Day.
