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Canada’s Inflation Climbs to 2.4% as Gas Prices Surge to Record High

  Canada’s inflation rate accelerated to 2.4% in March , up from 1.8% in February, as the Iran war triggered the largest monthly gasoline price increase on record . Statistics Canada reported that gas prices surged 21.2% month‑over‑month , a supply‑shock response to Iran’s closure of the Strait of Hormuz and broader Middle East instability.  Energy costs were the dominant driver of March inflation, with overall energy prices rising 3.9% year‑over‑year after a sharp decline the month before. Excluding gasoline, inflation would have eased to 2.2% , highlighting how concentrated the price shock was.  Food inflation offered mixed relief: grocery prices rose 4.4% , while fresh vegetables jumped 7.8% due to difficult growing conditions. Restaurant inflation cooled sharply as last year’s tax‑holiday distortions fell out of the annual comparison.  Economists note that while headline inflation spiked, core measures remained relatively tame , giving the Bank of Canada ro...
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Ruby Dhalla Disqualified from Liberal Leadership Race Amid Serious Allegations

 

In a dramatic turn of events, former Member of Parliament Ruby Dhalla has been disqualified from the Liberal leadership race following allegations of multiple rule violations. The Liberal Party of Canada announced the decision on Friday, citing "extremely serious" breaches of the party's leadership and expense rules.

According to Azam Ishmael, the party's national director, Dhalla was found to have committed ten violations, including inaccurate financial reporting and non-disclosure of material facts. The party's leadership vote committee conducted an extensive review process, which included interviews, questionnaires, and an opportunity for Dhalla to address the committees directly.

The allegations against Dhalla also include potential violations of the Canada Elections Act and concerns about foreign interference in her campaign. Dhalla has vehemently denied the accusations, calling them "fabricated, fictitious, and fake". She claims that the disqualification is an attempt to ensure the victory of front-runner Mark Carney.

Dhalla's disqualification comes just days before the party's leadership debates and after she had successfully paid the full amount of $350,000 to stay in the race. With her exit, the remaining contenders for the Liberal leadership are Mark Carney, Chrystia Freeland, Karina Gould, and Frank Baylis.

The decision has sparked controversy and debate within the party, with Dhalla asserting that the allegations are an attack on her ethnic origin and immigrant background. She has indicated that she will not allow her campaign to be tarnished by what she describes as baseless accusations.

As the Liberal Party moves forward with the leadership race, the disqualification of Ruby Dhalla serves as a stark reminder of the high stakes and intense scrutiny involved in the political arena.



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