Articles on Cost of living

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Putting money in the pockets of Canadians most in need via the grocery rebate or a guaranteed basic income has myriad benefits for people, families and the economy. (Shutterstock)

Does Ottawa’s grocery rebate signal a shift to a broader guaranteed basic income?

Initiatives like the federal government’s new grocery rebate are only a small step towards ending food insecurity in Canada. A broader guaranteed basic income is long overdue.
The high cost of groceries is exacerbating food insecurity in Canada, but the federal government’s new ‘grocery rebate’ doesn’t go far enough to help. (Unsplash/Vicky Mohamad)

Federal budget 2023: Grocery rebate is the right direction on food insecurity, but there’s a long road ahead

Food insecurity is a problem of income inadequacy. The 2023 federal budget’s “grocery rebate” has the right idea, but falls short.
Fed chair Jerome Powell opted for a cautious approach on rates. Alex Wong/Getty Images

Federal Reserve bows to bank‑crisis fears with quarter‑point rate hike, letting up a little in its fight against inflation

The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.

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