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Canada's Inflation Jumps to 2.4% in March — And Your Grocery and Gas Bills Show It

Canada's annual inflation rate climbed to 2.4% in March 2026 , up sharply from 1.8% in February, according to Statistics Canada data released Monday. The jump was driven almost entirely by soaring energy prices tied to the U.S.-Iran conflict and its disruption of oil flows through the Strait of Hormuz — and Canadians felt it directly at the gas pump and grocery store. Headline CPI (March) 2.4% ▲ Up from 1.8% in February Gasoline (monthly) +21.2% Largest monthly jump on record Grocery prices (year/year) +4.4% Up from 4.1% in February Core CPI (ex-gas) 2.2% Milder than expected Gas was the main culprit Gasoline prices surged a record 21.2% month over month in March — the largest single-month jump ever recorded in Canada — as the U.S.-Iran conflict choked off roughly one-fifth of the world's oil supply through the Strait of Hormuz. On a year-...
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Persistence Amid Tragedy: Hamas Continues Hostage Negotiations

 

In the wake of a devastating personal loss, Ismail Haniyeh, the leader of Hamas, has reaffirmed the group’s commitment to pursuing a hostage exchange deal. This declaration comes after an Israeli airstrike resulted in the death of three of Haniyeh’s sons, marking a poignant moment in the ongoing conflict.

Despite the tragedy, Haniyeh emphasizes that the interests of the Palestinian people remain paramount. The pursuit of a ceasefire and the release of hostages continue to be a priority for Hamas, as they navigate through the complexities of negotiation with Israel. Haniyeh’s resolve in the face of adversity sends a clear message: the quest for a resolution does not wane, even under the shadow of personal grief.

The recent events have not deterred the militant group from its goal of reaching an agreement. Haniyeh’s statement underscores the delicate balance between the pursuit of peace and the harsh realities of conflict. As talks progress, the world watches, hoping for a peaceful outcome that can bring an end to the suffering on both sides.

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