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Canada’s Inflation Cools to 2.2% in October Amid Cheaper Gas and Groceries

  Motorists fuel up at an ONroute gas station near Maple, Ont., on April 1, 2025. Lower gas prices helped bring overall inflation down in October, Statistics Canada says. Canada’s annual inflation rate eased to 2.2% in October , down from 2.4% in September. The slowdown was largely driven by falling gasoline and grocery prices, offering some relief to consumers after months of persistent cost pressures. Key Drivers of the Decline Gasoline prices dropped 4.8% month-over-month , as retailers switched to cheaper winter fuel blends and global crude oil prices fell due to oversupply concerns. Grocery prices fell 0.6% in October , marking the largest monthly decline since September 2020. Annual grocery inflation cooled to 3.4% , down from 4% in September, with lower costs for processed foods and fresh vegetables offsetting higher prices for chicken. Excluding gasoline, the Consumer Price Index (CPI) rose 2.6% year-over-year , showing that underlying inflationary pressures remain....
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Jake Paul Defeats Mike Tyson in Lackluster Bout

 

In a highly anticipated yet ultimately disappointing boxing match, Jake Paul emerged victorious over the legendary Mike Tyson. The fight, held at AT&T Stadium in Texas, saw Paul win by unanimous decision after eight rounds of two-minute bouts. The judges scored the fight 80-72, 79-73, and 79-73 in favor of Paul.

Tyson, now 58 years old and having not competed professionally in 19 years, struggled to keep up with the younger and more athletic Paul. The bout was characterized by Tyson’s sluggish performance, landing only 18 punches compared to Paul’s 78. Despite receiving a hero’s welcome, Tyson’s performance left fans disappointed, with many booing as the fight concluded.

Paul, a 27-year-old YouTuber-turned-boxer, managed to keep Tyson at bay with effective jabs and accurate punches. The fight, streamed on Netflix, drew significant attention but failed to deliver the excitement many had hoped for. Post-fight, Tyson hinted at a possible future bout with Paul’s brother, Logan, despite the lackluster showing.

This victory marks Paul’s 11th professional win, further solidifying his controversial presence in the boxing world.


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