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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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Netanyahu’s Stern Warning to Iran Amid Escalating Tensions in Lebanon


                                              

Prime Minister Benjamin Netanyahu issued a stark warning to Iran on Monday, emphasizing Israel’s capability to strike its enemies anywhere. This declaration comes in the wake of intensified Israeli airstrikes in Lebanon, which have targeted Hezbollah strongholds and resulted in significant casualties.

Netanyahu’s message, delivered via a videotaped address, was directed at the Iranian government rather than its people. He underscored that Israel’s military actions are a response to threats posed by Hezbollah, a group backed by Tehran. The recent airstrikes, including one that leveled an apartment building in central Beirut, have heightened regional tensions.

The Israeli Prime Minister’s warning highlights the ongoing volatility in the Middle East, with potential implications for broader geopolitical stability. As Israel continues its military operations, the international community watches closely, concerned about the possibility of further escalation.


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