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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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NATO Urges Thorough Probe into Azerbaijan Airlines Crash

 

 NATO has called for a comprehensive investigation into the tragic crash of an Azerbaijan Airlines flight that killed 38 people near Aktau, Kazakhstan. The incident occurred on December 25, 2024, when an Embraer 190 aircraft, en route from Baku to Grozny, crashed shortly after diverting from an area in Russia.

NATO spokesperson Farah Dakhlallah expressed condolences, saying, "Our thoughts and prayers are with the families and victims of Azerbaijan Airlines flight J28243. We wish those injured in the crash a speedy recovery and call for a full investigation." The crash has left 29 survivors, with many hospitalized and receiving medical care.

The cause of the crash remains unknown, and Kazakh authorities have declared December 26 a day of mourning in Azerbaijan. NATO's call for a thorough investigation underscores the need for clarity and accountability in the wake of this devastating event.



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