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Canada’s Inflation Cools to 2.2% in October Amid Cheaper Gas and Groceries

  Motorists fuel up at an ONroute gas station near Maple, Ont., on April 1, 2025. Lower gas prices helped bring overall inflation down in October, Statistics Canada says. Canada’s annual inflation rate eased to 2.2% in October , down from 2.4% in September. The slowdown was largely driven by falling gasoline and grocery prices, offering some relief to consumers after months of persistent cost pressures. Key Drivers of the Decline Gasoline prices dropped 4.8% month-over-month , as retailers switched to cheaper winter fuel blends and global crude oil prices fell due to oversupply concerns. Grocery prices fell 0.6% in October , marking the largest monthly decline since September 2020. Annual grocery inflation cooled to 3.4% , down from 4% in September, with lower costs for processed foods and fresh vegetables offsetting higher prices for chicken. Excluding gasoline, the Consumer Price Index (CPI) rose 2.6% year-over-year , showing that underlying inflationary pressures remain....
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Israeli Strikes Claim Lives in Gaza: A Tragic Day for Al-Shati and Al-Tuffah

 

In a devastating turn of events, Israeli attacks on districts of Gaza City have left at least 42 people dead, according to Ismail Al-Thawabta, the director of the Hamas-run government media office. The violence unfolded on Saturday, with one strike targeting houses in Al-Shati, one of Gaza’s historic refugee camps, resulting in the loss of 24 lives. An additional 18 Palestinians were killed in a separate strike on houses in the Al-Tuffah neighborhood.

The Israeli military has confirmed its involvement, stating that fighter jets struck two Hamas military infrastructure sites in the area of Gaza City. Further details are expected to emerge soon. The situation remains tense, and the toll on civilian lives is deeply tragic.

Our thoughts are with the affected families during this difficult time. The conflict continues to escalate, and the international community must urgently seek a peaceful resolution to prevent further loss of life.

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