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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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Marble Cake

Ingredients:

  • 2 cups all-purpose flour
  • 2 tsp baking powder
  • 1/4 tsp salt
  • 1/2 cup unsalted butter (softened)
  • 1 cup granulated sugar
  • 2 large eggs
  • 1 tsp vanilla extract
  • 1 cup milk
  • 2 tbsp unsweetened cocoa powder
  • 2 tbsp boiling water


Instructions:

1. Preheat your oven to 350°F (175°C). Grease and flour a 9-inch loaf pan.

2. In a medium bowl whisk together flour, baking powder, and salt. Set aside.

3. In a large bowl cream the butter and sugar until light and fluffy. Add the eggs one at a time, beating well after each addition. Stir in the vanilla extract.

4. Gradually add the flour mixture to the butter mixture alternately with the milk, beginning and ending with the flour mixture. Mix until just combined.

5. Divide the batter into two bowls. In a small bowl, mix the cocoa powder and boiling water until smooth, then add to one of the bowls of batter and mix until well combined.

6. Spoon the batters alternately into the prepared loaf pan. Use a knife or skewer to swirl the batters together to create a marbled effect.

7. Bake for 50-60 minutes, or until a toothpick inserted into the center comes out clean.

8. Let the cake cool in the pan for about 10 minutes, then turn it out onto a wire rack to cool completely.


Enjoy your homemade marble cake! 

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