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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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Alberta Independence Rally Sparks Debate at Legislature

 

Hundreds of Albertans gathered at the Alberta Legislature in Edmonton on Saturday to rally in support of separating from Canada. The demonstration, fueled by frustration over federal policies and the recent Liberal election victory, saw participants waving Alberta flags and even some displaying U.S. flags. 

Premier Danielle Smith’s government recently proposed legislation that would lower the threshold for holding a referendum, making it easier for citizens to push for a vote on secession. While Smith has not explicitly endorsed separation, the move has emboldened those advocating for Alberta’s independence. 

The rally was met with opposition from Indigenous groups, who argued that separation would violate treaty agreements. Piikani Nation Chief Troy Knowlton emphasized that Alberta does not have the authority to interfere with or negate treaties, reinforcing the complexity of the issue. 

As tensions rise, the debate over Alberta’s future within Canada continues to unfold, with both supporters and critics making their voices heard.


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