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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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TikTok Goes Dark for US Users Amid National Security Concerns

 

TikTok, the viral social media platform, has officially gone dark for its 170 million American users. This unprecedented shutdown follows a law enacted by Congress, which mandates the app's ban unless its Chinese parent company, ByteDance, divests its shares. The app's sudden inaccessibility has left millions of users in the lurch, with a message stating, "Sorry, TikTok isn't available right now".

The shutdown comes just before President-elect Donald Trump's inauguration. Trump has indicated that he will work on a solution to reinstate TikTok once he takes office, potentially granting a 90-day extension to finalize an agreement. This intervention could provide a temporary reprieve for the app, which has been at the center of national security debates due to its Chinese ownership.

TikTok's fate now hangs in the balance, with users and creators eagerly awaiting further developments. The platform's shutdown marks a significant moment in the ongoing tension between the U.S. and China over data privacy and national security concerns.

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