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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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Fierce Snow Squalls Slam Region with More Accumulation


Residents across southern Ontario are bracing for another round of dangerous snow squalls on Monday, with forecasters warning of an additional 10–15+ cm of accumulation.

Key Details

  • Heavy bursts of snow: Squalls are expected to reduce visibility to near zero at times, making travel treacherous.
  • Rapid accumulation: The additional snowfall will pile onto what has already fallen, creating hazardous road conditions.
  • Wind gusts: Strong winds will intensify the squalls, blowing and drifting snow across highways and rural routes.
  • Travel advisory: Authorities urge drivers to avoid unnecessary travel and prepare for sudden whiteout conditions.

Impact

The combination of heavy snow and gusty winds is likely to disrupt commutes, delay transit, and increase the risk of collisions. Local officials are reminding residents to keep emergency kits in vehicles and to check weather updates frequently.


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