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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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Lawyers Demand Justice After Quebec Teen’s Death


Lawyers representing the family of Nooran Rezayi, a 15-year-old boy fatally shot by police in Longueuil, Quebec, are calling for accountability after allegations of interference in the investigation. Rezayi was killed on September 21, 2025, in a suburban neighborhood south of Montreal.

Quebec’s police watchdog (BEI) has accused local officers of questioning witnesses and attempting to obtain video footage, actions that could compromise the independence of the probe. Lawyers for Rezayi’s family insist such interference cannot go unpunished.

The family has filed a $2.2 million lawsuit against the Longueuil police and the city, claiming “unreasonable and disproportionate force” was used against the unarmed teen. His mother, Fahima Rezayi, has urged authorities to ensure accountability, stressing that “this must never happen again.”

The case has sparked outrage and renewed calls for reform in Quebec’s policing system. Critics argue that protecting the watchdog’s independence is essential to maintaining public trust, especially in fatal encounters with police. For Rezayi’s family, the priority remains clear: justice and systemic change to prevent future tragedies.

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