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Canada’s Inflation Cools to 2.2% in October Amid Cheaper Gas and Groceries

  Motorists fuel up at an ONroute gas station near Maple, Ont., on April 1, 2025. Lower gas prices helped bring overall inflation down in October, Statistics Canada says. Canada’s annual inflation rate eased to 2.2% in October , down from 2.4% in September. The slowdown was largely driven by falling gasoline and grocery prices, offering some relief to consumers after months of persistent cost pressures. Key Drivers of the Decline Gasoline prices dropped 4.8% month-over-month , as retailers switched to cheaper winter fuel blends and global crude oil prices fell due to oversupply concerns. Grocery prices fell 0.6% in October , marking the largest monthly decline since September 2020. Annual grocery inflation cooled to 3.4% , down from 4% in September, with lower costs for processed foods and fresh vegetables offsetting higher prices for chicken. Excluding gasoline, the Consumer Price Index (CPI) rose 2.6% year-over-year , showing that underlying inflationary pressures remain....
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"Ontario Braces for Massive Snow Squalls: Up to a Metre of Snow Expected"


Ontario is currently experiencing intense snow squalls, with some areas expected to receive up to a metre of snow by the end of the weekend. The multi-day lake-effect snow event began late Thursday and is predicted to continue through Sunday.

Meteorologists have issued snow squall warnings for several regions, including Cottage Country from Kincardine to Dundalk, Parry Sound to Barrie, and Sault Ste. Marie. The coldest air of the season is stirring up the lake-effect snow machine, leading to peak snowfall rates of 5-10 centimetres per hour.

Travel is expected to be hazardous due to sudden changes in weather, near-zero visibility, and possible road closures. Drivers are urged to plan ahead and be prepared for deteriorating conditions.

While the snowfall is great news for Ontario's ski resorts, it poses significant challenges for commuters and residents in affected areas.



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