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Canada's Federal Election 2025: A Nation Prepares to Vote

On Monday, April 28, Canadians will head to the polls to elect members of the House of Commons for the 45th Canadian Parliament. This election marks a pivotal moment in the nation's political landscape, with key issues such as climate change, economic recovery, and healthcare reform dominating party platforms. Advance polls have already seen record-breaking participation, with over 7.3 million Canadians casting their votes early. The election will also introduce a new 343-seat electoral map, reflecting changes from the 2021 census. As the nation gears up for election day, voters are encouraged to check their registration status and polling locations through the Elections Canada website. With the stakes high and the future uncertain, this election promises to shape Canada's trajectory for years to come.
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Canada’s Inflation Rate Rises to 2% in October

 

In October 2024, Canada’s inflation rate increased to 2%, up from 1.6% in September, according to Statistics Canada. This rise marks a significant shift, driven by various economic factors.

The Consumer Price Index (CPI) showed that while gasoline prices fell by 4% year-over-year, this decline was less pronounced than in previous months. Excluding gasoline, the all-items CPI rose by 2.2%, consistent with the growth rates observed in August and September.

Shelter costs continued to rise, albeit at a slower pace, with a 4.8% increase compared to the previous year. Food prices also saw a faster increase, with a 2.7% rise in October compared to 2.4% in September.

This uptick in inflation reflects ongoing adjustments in the economy, influenced by fluctuating energy prices and persistent supply chain challenges. As Canada navigates these economic shifts, the impact on consumers and businesses will be closely monitored.


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