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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 Faces Criticism Over Humanitarian Aid Shortfalls in Gaza

 

International aid organizations have reported that Israel has not met the U.S. demands to improve the humanitarian situation in Gaza. Despite a 30-day deadline set by the Biden administration, which included requirements such as allowing a minimum of 350 truckloads of goods into Gaza daily and opening an additional crossing, Israel has fallen short.

The U.S. had warned that failure to comply could lead to a reduction in military support. However, Israeli officials have downplayed the urgency of the deadline, expressing confidence that the issues will be resolved. Aid groups, including the Norwegian Refugee Council and Save the Children, have highlighted that the humanitarian conditions in Gaza are now worse than at any point in the 13-month conflict.

The situation remains critical, with international pressure mounting on Israel to take more substantial actions to alleviate the suffering of civilians in Gaza.


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