Skip to main content

Featured

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-...
Post a Comment
Read more

article

Labels

Farmers Rally in London Against Inheritance Tax Changes

 

Thousands of farmers from across the UK gathered in London today to protest against the government’s recent changes to inheritance tax rules. The demonstration, one of the largest in recent memory, saw farmers marching through Westminster, voicing their concerns over the potential impact on their livelihoods and the future of British farming.

The new tax reforms, announced in the latest budget, will impose a 20% inheritance tax on farms valued over £1 million starting from April 2026. Farmers argue that this change will force many to sell parts of their land to cover the tax bill, threatening the continuity of family-run farms and impacting food security.

Max Sealy, a representative of the National Farmers’ Union (NFU), expressed the widespread frustration: "This is a bad tax - it’s been badly implemented because it will affect growth productivity in the country". The protest drew support from various public figures, including TV presenter and farm owner Jeremy Clarkson, who urged the government to reconsider the policy.

Despite the government’s assurances that only the wealthiest estates will be affected, farmers remain unconvinced. They cite data suggesting that a significant portion of farms will fall under the new tax threshold, contrary to the government’s estimates.

As the protest continues, the NFU plans to lobby MPs, hoping to reverse the changes and secure a more favorable outcome for the farming community.


Labels:

Comments

Post a Comment