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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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Pope Francis: A Legacy of Compassion and Reform Ends at 88

Pope Francis, the first Latin American pontiff and a transformative figure in the Catholic Church, has passed away at the age of 88. Born Jorge Mario Bergoglio in Argentina, he rose from humble beginnings to become a global symbol of compassion, humility, and reform.  

Throughout his tenure, Pope Francis championed the rights of the marginalized, advocating for immigrants, the poor, and LGBTQ+ individuals. His leadership was marked by a commitment to inclusivity, environmental stewardship, and a push for modernization within the Church.  

His passing was announced by the Vatican early Monday morning, with Cardinal Kevin Farrell stating, “At 7:35 this morning, the Bishop of Rome, Francis, returned to the house of the Father”. His death follows a series of health challenges, including a prolonged battle with respiratory issues.  

As the world mourns his loss, tributes pour in from leaders across the globe, recognizing his unwavering dedication to justice and faith. The College of Cardinals will soon convene to elect his successor, marking the beginning of a new chapter for the Catholic Church.  

Pope Francis leaves behind a legacy of courage and compassion, forever shaping the Church and the lives of millions.

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