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Toronto Digs Out: A City Slowed but Not Stopped by Record Snowfall

A person rides an electric scooter though downtown Toronto as a winter storm moves through the region, Sunday, Jan. 25, 2026. A powerful winter storm buried the Greater Toronto Area under towering drifts overnight, forcing widespread school closures and creating major travel disruptions across the region. Plows worked around the clock to clear key routes, but many neighbourhood streets remained difficult to navigate as residents woke to what some described as “the biggest snowfall in years.” School boards in Toronto, Peel, York, and Durham announced closures early in the morning, citing unsafe road conditions and limited bus service. Many parents scrambled to adjust their schedules, while students embraced an unexpected day off. Commuters faced equally tough conditions. Highways moved at a crawl, with visibility reduced by blowing snow and lanes narrowed by deep accumulation. Public transit saw delays as buses struggled through unplowed streets and some GO Transit routes operated on...
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Canada’s Inflation Eases to 2.3% in March, but Core Pressures Persist

Canada’s annual inflation rate unexpectedly slowed to 2.3% in March down from 2.6% in February, according to Statistics Canada. The decline was largely driven by lower gasoline and travel costs, which helped offset rising prices in other sectors.  

Despite the overall slowdown, core inflation measures remained elevated, signaling persistent underlying price pressures. The CPI-median, which tracks the central trend of price changes, held steady at 2.9%, while the CPI-trim, which excludes extreme price fluctuations, edged down slightly to 2.8%.  

The inflation report comes just ahead of the Bank of Canada’s monetary policy decision, scheduled for Wednesday. Analysts are closely watching whether the central bank will adjust interest rates in response to the latest data.  



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