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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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Democratic Dynamics: Harris Gains Momentum as Key Figures Hold Back

 

As the 2024 presidential race unfolds, Vice President Kamala Harris appears to be consolidating support within the Democratic Party, following President Joe Biden's decision not to seek re-election. A surge of endorsements has come from various Democratic figures and groups, signaling a strong backing for Harris's candidacy. However, notable absences in this wave of support are former President Barack Obama and Speaker Emerita Nancy Pelosi, whose silence has become a focal point of discussion among political analysts.

While the reasons behind their reticence remain a matter of speculation, it is clear that Harris's campaign is gaining traction, with significant endorsements and a robust fundraising effort that has energized the Democratic base. The coming weeks are crucial for Harris to unify the party and present a formidable challenge to the Republican nominee. As the political landscape continues to evolve, all eyes will be on whether other key Democratic figures will voice their support or maintain their silence. The outcome of these developments could have a profound impact on the party's strategy and the general election's dynamics. Despite the uncertainty, one thing is certain: the race for the White House in 2024 is heating up, and Kamala Harris is at the forefront of the Democratic field.





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