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Holiday Turbulence: Flight Delays Hit Major Canadian Airports on Boxing Day

  Passengers wait in a check-in line at Vancouver International Airport after a snowstorm crippled operations during the holidays in 2022.   Travelers across Canada are facing a challenging Boxing Day as major airports report widespread delays and cancellations triggered by winter weather and heavy post‑holiday traffic. With thousands of passengers returning home or heading out for year‑end vacations, the timing couldn’t be more disruptive. Toronto Pearson, the country’s busiest airport, is experiencing the most significant impact. A mix of snow, freezing drizzle, and strong winds has slowed de‑icing operations and reduced runway capacity. Long lines at security and check‑in counters are adding to the congestion, with some travelers reporting wait times stretching beyond an hour. Ottawa, Montreal, and Vancouver airports are also dealing with delays, though to varying degrees. In Eastern Canada, Halifax is managing a combination of fog and residual holiday traffic, while air...
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Canadian Inflation Climbs to 1.9% in January as Core Measures Edge Higher

 

Canada’s annual inflation rate in January rose modestly to 1.9%, up slightly from December’s 1.8% . The increase was largely driven by a surge in energy prices—especially gasoline and natural gas—which counterbalanced the downward pressure on prices provided by the recent GST/HST tax break on select goods ; additional details were outlined by Statistics Canada.

Core inflation measures, which exclude the more volatile food and energy components, also recorded an uptick. Both the CPI-median and CPI-trim indexes climbed to 2.7%, indicating persistent underlying price pressures despite headline inflation staying near the Bank of Canada’s target range of 1–3%.

Analysts suggest that while the tax holiday helped ease food price inflation—leading to declines in some categories—the rebound in energy costs has nudged overall inflation upward. With the temporary tax break now ended, economists will be closely monitoring upcoming data to determine if this modest rise is a temporary anomaly or a sign of more entrenched inflationary pressures.

By keeping a keen eye on core inflation metrics, policymakers and market watchers alike are preparing for future monetary decisions aimed at keeping inflation in check as new data emerges.


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