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Canada's Consumer Price Index Rises by 2.0% in October 2024

Justin Barber

Nov 20, 2024 — 1 min read

The Consumer Price Index (CPI) in Canada increased by 2.0% on a year-over-year basis in October 2024. This marks a rise from the 1.6% increase observed in September. The change is attributed to a smaller decrease in gasoline prices in October (-4.0%) compared to September (-10.7%). Excluding gasoline, the all-items CPI rose by 2.2%, consistent with the growth rate in August and September.

Goods prices saw a slight increase of 0.1% year-over-year in October, following a 1.0% decline in September. Conversely, the growth in service prices slowed to 3.6%, the smallest yearly increase since January 2022. Over the past three years, goods prices have risen by 10.2%, while service prices have increased by 14.2%.

On a monthly basis, the CPI rose by 0.4% in October, reversing a 0.4% decline in September.

Oshawa Youth Charged Following Knife Threat Incident

A 15-year-old male from Oshawa has been charged with uttering threats following an incident at the Oshawa GO station. On November 21, 2024, at approximately 8:00 p.m., officers responded to reports of an armed individual in the parking lot of the station, located at 915 Bloor Street West.

Ontario Allocates $92 Million for Provincial Research Initiatives

The Ontario government has announced a financial commitment of over $92 million to support research initiatives across the province. This funding is allocated through the Ontario Research Fund and aims to assist universities, colleges, research institutes, and hospitals in Ontario. The funding will be distributed to more than 200 projects,

Ontario Proposes Legislation to Enhance Firefighter Cancer Coverage

The Ontario government has announced plans to introduce legislation aimed at expanding cancer coverage for firefighters. The proposed changes include reducing the required duration of service for primary-site kidney cancer coverage from 20 to 10 years, and removing the age limit for primary-site colorectal cancer diagnosis. These adjustments are intended

Weather report for Nov 23, 2024

For Saturday, November 23, 2024, in Clarington, Ontario: * Today: Expect increasing cloudiness with a high of 8°C. There's a 70% chance of showers late this morning and into the afternoon. Winds will become northwest at 20 km/h, gusting to 40 km/h. The UV index is

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Oshawa Youth Charged Following Knife Threat Incident

Ontario Allocates $92 Million for Provincial Research Initiatives

Ontario Proposes Legislation to Enhance Firefighter Cancer Coverage

Weather report for Nov 23, 2024