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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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Academic Exodus: Yale Professors Find Refuge in Canada Amid U.S. Political Turmoil

 

Three prominent Yale professors have left the prestigious Ivy League institution for positions at the University of Toronto, citing concerns over the political climate in the United States under President Donald Trump's administration. Jason Stanley, a philosophy professor and expert on fascism, along with historians Timothy Snyder and Marci Shore, have joined Toronto's Munk School of Global Affairs and Public Policy.

Stanley, known for his work on propaganda and authoritarianism, expressed his decision was driven by the U.S.'s tilt towards "educational authoritarianism." Snyder and Shore, both outspoken critics of Trump, revealed that the administration's crackdown on higher education played a significant role in their move. The couple plans to stay in Canada long-term, seeking stability and academic freedom.

The professors' departure underscores growing concerns among academics about the erosion of democratic values and the targeting of universities in the U.S. Their move to Canada symbolizes a search for intellectual sanctuary in a time of political uncertainty.

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