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Your daily horoscope: December 17, 2025

  IF TODAY IS YOUR BIRTHDAY Saturn, the Great Taskmaster of the Zodiac, is energized by the sun on your birthday this year but the power it creates needs to be handled with care. Every opportunity that comes your way will have a challenge attached to it, and that’s just the way you like it. ARIES (March 21 - April 20): If there is something about your life that you would like to change, and if that change involves getting rid of possessions or people that belong to your past, now is the time to be ruthless. Don’t hesitate for a moment, junk it all now. TAURUS (April 21 - May 21): It may seem as if you are at the mercy of events, and maybe you are, but stop looking at what’s taking place right now and try looking further ahead. There is a picture coming into focus that will answer all the questions you’ve been asking. GEMINI (May 22 - June 21): Today’s sun-Saturn link means you could find yourself on the receiving end of other people’s hostile attitudes and actions. Be smart and ref...

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Canada’s Inflation Rate Eases to 2.9% in January

 


Canada’s annual rate of inflation slowed in January, with prices rising 2.9 per cent, according to Statistics Canada. This deceleration was primarily driven by lower year-over-year prices for gasoline. Excluding volatile items like energy and food, the core inflation rate remained relatively stable.

Factors Influencing the Slowdown:

  1. Gasoline Prices: The decline in gasoline prices contributed significantly to the easing of inflation. As global oil markets adjusted, consumers benefited from more affordable fuel at the pump.

  2. Grocery Costs: Price growth for groceries also decelerated, rising 3.4 per cent annually in January compared to 4.7 per cent in December. This moderation in food prices played a role in curbing overall inflation.

  3. Base-Year Effect: The headline Consumer Price Index (CPI) grew at a slower pace year over year in January due to a base-year effect. The monthly increase in January 2023 was smaller than that in January 2022.

While this slowdown is a positive sign, it’s essential to monitor inflation trends closely. The central bank will continue to assess economic conditions and adjust monetary policy as needed. As we navigate the delicate balance between price stability and economic growth, Canadians can expect ongoing discussions about inflationary pressures and their impact on household budgets.

In summary, Canada’s inflation rate has taken a breather, but vigilance remains key as we move forward in 2024.


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