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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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Families Flee New Israeli Assault in Gaza’s Khan Younis

In the midst of the ongoing Israel-Hamas conflict, families in Gaza’s Khan Younis are facing a dire situation. Israeli tanks have returned to the southern city, forcing thousands of residents to evacuate along congested roadways. Displaced Palestinians are fleeing on foot, with their belongings piled onto donkey carts and motorcycle rickshaws. The safety of designated humanitarian areas remains uncertain, as they have been attacked in the past. Meanwhile, leaders from the United States, Egypt, and Qatar are attempting a last-ditch effort to revive ceasefire talks. The situation remains tense, and civilians continue to bear the brunt of the violence. 

Previous rounds of negotiations have failed to yield a lasting ceasefire, but the upcoming talks scheduled for August 15 offer a glimmer of hope. As the conflict persists, families in Khan Younis remain caught in the crossfire, desperately seeking safety and relief from the relentless assault. 


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