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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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U.S. Announces Departure from World Health Organization, Effective January 22, 2026

In a move that has sent shockwaves through the global health community, the United States has formally announced its decision to withdraw from the World Health Organization (WHO) on January 22, 2026. This decision, confirmed by the United Nations, follows a formal notification from President Donald Trump, who has criticized the WHO for its handling of the COVID-19 pandemic and other international health crises.

The U.S., which is the WHO's largest financial contributor, accounting for around 18% of its budget, will cease negotiations on the WHO pandemic treaty and recall all government personnel working with the organization. Experts warn that this departure could jeopardize critical global health programs, including those targeting tuberculosis, HIV/AIDS, and other health emergencies.

The WHO has expressed regret over the decision, emphasizing the importance of U.S. involvement in global health initiatives. The future of international health cooperation remains uncertain as the world awaits further developments.


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