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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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Israel Investigates Possible Death of Hamas Leader Yahya Sinwar

 

The Israeli military is currently investigating whether Yahya Sinwar, the leader of Hamas, was killed during recent operations in Gaza. The Israel Defense Forces (IDF) reported that three militants were eliminated, but their identities have yet to be confirmed.

Sinwar, considered a key figure in Hamas, has been a significant target for Israeli forces. The IDF’s statement indicated that the possibility of Sinwar being among the deceased is being thoroughly checked, although no definitive identification has been made at this stage.

This development comes amid ongoing tensions and conflict in the region, with both sides experiencing significant casualties. The potential death of Sinwar could have substantial implications for the dynamics of the conflict and the leadership structure within Hamas.

The situation remains fluid, and further updates are expected as the IDF continues its verification process.


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