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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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The United States has yet to elect a woman president in its 248-year history


       

The United States, in its 248-year history, has yet to elect a woman president. This could change with Vice President Kamala Harris launching her 2024 presidential campaign. Harris, a 59-year-old Black and Asian-American woman, is backed by President Joe Biden, who recently withdrew from the race due to concerns about his age and health.

Harris’ campaign is already gaining momentum, with significant support from Democratic leaders and a surge in fundraising. Her strong stance on abortion rights resonates with younger voters and progressives, potentially energizing these key demographics. Despite some concerns within the party, Harris is determined to unite the Democrats and defeat Republican candidate Donald Trump in the upcoming election.

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