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Canada's Inflation Hits 3.2% — What It Means for Your Wallet

  Gas prices surged 33% year-over-year. Grocery bills keep climbing. And the Bank of Canada is walking a tightrope between fighting inflation and protecting a fragile economy. Here's the breakdown — and what comes next. MoneySavings.ca   |  June 23, 2026  |   Canadian Money Brief By the Numbers — May 2026 CPI Headline Inflation (year-over-year) 3.2% Previous Month (April 2026) 2.8% Market Expectations 3.0% Gasoline (year-over-year) +33.2% Grocery Inflation (year-over-year) +4.3% Fresh Vegetables (year-over-year) +9.0% Shelter Costs (year-over-year) +1.7% BoC Core Inflation (trimmed-mean) ~2.0% Bank of Canada Policy Rate 2.25% (held) Canada's inflation rate jumped to 3.2% in May 2026 , Statistics Canada reported Monday — beating analyst forecasts of 3.0% and marking the fastest annual increase since December 2023. Month-over-month, consumer prices rose a full 1.0%, with a seasonally adjusted gain of 0.5%. The headline number is uncomfortable. But the st...

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White House Examined Reports of Israeli Troops Using Palestinians as Human Shields

 

Israeli soldiers walk out from a tunnel underneath the European Hospital in Khan Younis at the Gaza Strip, amid the ongoing ground operation of the Israeli army against Palestinian Islamist group Hamas, June 8, 2025.


The White House quietly reviewed intelligence last year suggesting that Israeli forces may have used Palestinians as human shields during operations in Gaza. According to two former U.S. officials, American intelligence agencies gathered evidence that Israeli soldiers sent Palestinian civilians into tunnels suspected of being rigged with explosives. This information was shared with the Biden administration in its final weeks and analyzed by the intelligence community.

International law strictly prohibits the use of civilians as protective shields in military activity. Reports of such tactics have long circulated, but Washington’s collection of its own evidence marked a significant development. Officials inside the administration had already expressed concern over media accounts alleging that Israeli troops were employing Palestinians to safeguard themselves during combat.

The revelations raise questions about the extent of these practices and whether they were sanctioned at higher levels of Israel’s military leadership. While Israel has faced repeated accusations of violating international law in this regard, the disclosure that U.S. intelligence independently documented such discussions underscores the gravity of the issue.

The matter remains politically sensitive, as it touches on both U.S.-Israel relations and broader debates over accountability in the ongoing conflict. Human rights groups have consistently condemned the use of civilians in combat zones, warning that such actions not only endanger lives but also erode international norms meant to protect non-combatants.


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