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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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Woman Faces Multiple Charges in Taylor Swift Eras Tour Ticket Scam, Toronto Police Say

 

 Toronto police have arrested a woman from Burlington, Ontario, for allegedly scamming dozens of Taylor Swift fans out of nearly $70,000 by selling fraudulent concert tickets. The accused, who used the alias "Denise Blackhawk," allegedly sold fake tickets for Swift's Eras Tour on Facebook Marketplace.

Victims sent e-transfers for the tickets, believing they would receive them closer to the concert date. However, on the day of the show, the tickets were never transferred, and when victims requested refunds, they were told the money was gone. The accused faces 32 counts of fraud under $5,000 and possession of property obtained by crime under $5,000, as well as one count each of fraud over $5,000 and possession of property obtained by crime over $5,000.

Toronto police are working with Halton Regional Police Service on the investigation and believe there may be more victims. The accused is scheduled to appear in court on January 10, 2025.




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