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High food prices might be the most toxic form of personal-finance adversity in the past six years

The R-word looms over the Canadian economy in 2026.

That’s resilience, not recession. Businesses have slogged through trade war uncertainty for more than a year, and the Iran war has generated big increases in fuel costs. Yet the latest numbers tell us the economy delivered modest growth for four straight months, overall inflation remains subdued and the jobless rate has been steady.

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