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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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Finland Tops Happiness Rankings Again, While U.S. Faces Record Low

For the eighth consecutive year, Finland has been crowned the happiest country in the world, according to the 2025 World Happiness Report. The Nordic nation continues to lead the rankings, followed by Denmark, Iceland, and Sweden, which also secured top spots. The report, published by the Wellbeing Research Centre at the University of Oxford in collaboration with Gallup, evaluates countries based on factors such as social support, life expectancy, freedom, and generosity.

Finland's success is attributed to its strong social trust, robust public services, and a culture that values connection and well-being. Simple lifestyle elements, like sharing meals and having someone to rely on, play a significant role in fostering happiness.

Meanwhile, the United States has dropped to its lowest-ever position, ranking 24th. This decline is linked to increasing social isolation, with a notable rise in the number of people dining alone. Experts also point to growing political polarization and a sense of disconnection as contributing factors.

The report highlights that happiness is not solely tied to wealth but also to trust, community, and kindness. As Finland continues to set an example, the findings serve as a reminder of the importance of investing in social bonds and collective well-being.

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