Energy reflected the cooling as prices fell 0.6 per cent year-over-year. Gasoline prices are leading the drop, StatCan says, with a 4.7 per cent difference year-over-year — “the first yearly decline since January 2021.”
“Inflation is cooling more than what was typically expected,” David George-Cosh, BNN Bloomberg reporter, told CTV News Channel on Tuesday. “But when you drill down into some of the details, it’s unlikely to really convince Canadians that the worst is really behind us.”
February marks the seventh consecutive month of double-digit food inflation, StatCan says.
This pressure is largely due to supply constraints from extreme weather in some regions and higher costs of animal feed, energy and packaging materials.
Pasta products continue to increase in price, with a 23.1 per cent year-over-year difference in February. This is an upward trend from January, which had a year-over-year increase of 21.1 per cent.
Fruit juice had the largest increase in price from January to February 2023, data from StatCan shows. In January, the product had a year-over-year difference of 5.2 per cent; this rose to 15.7 per cent year-over-year in February.
According to StatCan, the quick rise in the cost of fruit juice is led by the increased price of orange juice specifically.
“The supply of oranges has been impacted by citrus greening disease and climate-related events, such as Hurricane Ian,” the CPI report reads.
William Huggins, lecturer of corporate finance and business economics, explained supply chains are under pressure from many areas.
“We’ve had, for instance, problems with avian flu…There are problems with African swine fever in China, we’ve had trouble getting enough employees to come back post pandemic with their steel supply chains,” Huggins told CTV’s Your Morning on Wednesday. “We’ve seen this not just in Canada, but also in the United States as well. So rather than people thinking it’s very much a homegrown problem, it’s much more of a North American logistic problem.”
Oranges on their own have not increased quite as dramatically between January and February of this year. According to the data, in January oranges had a year-over-year increase of 14.1 per cent, which rose to 15.1 per cent year-over-year in February.
Similarly, apples rose in price year-over-year to 16.6 per cent in February, a 4.5 per cent increase from January.
Some areas did see prices slowing, StatCan said.
Meat products decreased to 6.2 per cent year-over-year, though this is a smaller decrease than in January.
But Canadians aren’t seeing decreases in all types of meat.
Fresh or frozen poultry remained high, as StatCan pegged the year-over-year increase at 10.7 per cent in February, a slight increase from January.
Fish, seafood and other marine products increased by 1 per cent from January’s year-over-year marker to 7.4 per cent year-over-year in February.
Fresh or frozen beef saw a reduction in February, with a year-over-year increase of 2.4 per cent compared to January’s 3.7 per cent difference.
Buyers of some types of produce are seeing a cooling effect as well, including the costs of lettuce and tomatoes.
Lettuce in January rose to 32.8 per cent year-over-year, but dropped the next month to 20.2 per cent compared to February 2022.
Tomatoes in January had a 21.9 per cent year-over-year increase, which dropped to 7.1 per cent year-over-year in February.
According to the survey, 78.5 per cent of those who noted a mistake reported the most common error was that the price at the cash register was not the same price displayed on the shelf. About one-third of respondents said the daily discount was not applied and a total of 31.4 per cent claimed the cashier scanned an item too many times.
A majority of people said they check receipts for mistakes as they exit the store, before getting home. However, the survey notes not all Canadians have the habit of checking for mistakes; only half said they always check, while 3.3 per cent never do.
“As for frequency of mistakes, 79.2 per cent of respondents claim that they find at least no mistakes on their receipts, at least 10 per cent of the time,” the press release reads. “A total of 15.2 per cent will find at least one mistake on their receipt, 25 per cent of the time.”
Montreal police say a 53-year-old man was allegedly stabbed by a fellow hospital patient early this morning.
They say the victim suffered serious injuries but is expected to survive following the incident, which hospital officials say took place in the emergency room.
Police were called to the downtown Université de Montréal hospital known as the CHUM at about 1:15 a.m.
Const. Véronique Dubuc says a 35-year-old male suspect attacked the other with a sharp object and hospital staff intervened.
The victim was seriously injured in the upper body but was quickly stabilized by hospital staff.
Police are investigating and don’t yet know the motive for the attack.
This report by The Canadian Press was first published Oct. 29, 2024.
Note to readers: This is a corrected story. A previous version cited police saying the suspect and victim were hospital roommates, but in fact the stabbing is alleged to have happened in the emergency room.
LONDON (AP) — More than 8 million people were diagnosed with tuberculosis last year, the World Health Organization said Tuesday, the highest number recorded since the U.N. health agency began keeping track.
About 1.25 million people died of TB last year, the new report said, adding that TB likely returned to being the world’s top infectious disease killer after being replaced by COVID-19 during the pandemic. The deaths are almost double the number of people killed by HIV in 2023.
WHO said TB continues to mostly affect people in Southeast Asia, Africa and the Western Pacific; India, Indonesia, China, the Philippines and Pakistan account for more than half of the world’s cases.
“The fact that TB still kills and sickens so many people is an outrage, when we have the tools to prevent it, detect it and treat it,” WHO Director-General Tedros Adhanom Ghebreyesus said in a statement.
TB deaths continue to fall globally, however, and the number of people being newly infected is beginning to stabilize. The agency noted that of the 400,000 people estimated to have drug-resistant TB last year, fewer than half were diagnosed and treated.
Tuberculosis is caused by airborne bacteria that mostly affects the lungs. Roughly a quarter of the global population is estimated to have TB, but only about 5–10% of those develop symptoms.
Advocacy groups, including Doctors Without Borders, have long called for the U.S. company Cepheid, which produces TB tests used in poorer countries, to make them available for $5 per test to increase availability. Earlier this month, Doctors Without Borders and 150 global health partners sent Cepheid an open letter calling on them to “prioritize people’s lives” and to urgently help make TB testing more widespread globally.
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The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.
A recently discovered comet that some stargazers had hoped to see during Halloween week has disintegrated before the day of ghosts and ghouls.
NASA confirmed Tuesday its sun-observing spacecraft captured the moment when the comet Atlas broke into chunks this week as it passed close to the sun.
Astronomers have been tracking the so-called Halloween comet, also known as C/2024 S1, since it was discovered in September by a telescope in Hawaii.
As it raced toward the sun, a space observatory operated by NASA and the European Space Agency spied its demise.
The comet is thought to be part of a family of comets that pass incredibly close to the sun.
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The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.