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5 Things to Know Today About Your Money — May 12, 2026

  A lot is happening in the Canadian money world right now. From a new sovereign wealth fund you can actually invest in, to lower payroll costs coming your way, here are the five things every Canadian should know about their money today. 1. The Bank of Canada Is Holding Rates — For Now On April 29, 2026 , the Bank of Canada held its overnight rate at 2.25% (Bank Rate: 2.50%, deposit rate: 2.20%). Governor Tiff Macklem has flagged that the economy is growing at a moderate pace as it adjusts to U.S. tariffs, but inflation — now around 2.4% — is edging up due to higher oil prices tied to the ongoing Middle East conflict. The Bank projects 1.2% economic growth for 2026, picking up to 1.6% in 2027. What it means for you: Variable-rate mortgage and line-of-credit holders get a brief reprieve — but watch oil prices. If inflation keeps rising, a rate hike could follow. 2. Your CPP Contributions Are Getting a Cut in 2027 The 2026 Spring Economic Update proposes to reduce the base CPP con...

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13 Essential Traits for Women to Succeed in Their Careers



Here are some tips to develop the traits  for women to Succeed in their Careers: 

 1. Confidence: Practice self-affirmation and positive self-talk. Set achievable                    goals and celebrate your accomplishments. Surround yourself with supportive             people who encourage you to be your best self. 

2. Resilience: Learn from your failures and mistakes. Embrace challenges as opportunities for growth. Cultivate a growth mindset and focus on the lessons learned from difficult experiences.

3. Adaptability: Be open to change and new experiences. Learn new skills and take on new challenges. Be willing to step outside of your comfort zone and try new things.

4. Self-awareness: Reflect on your thoughts, feelings, and behaviors. Identify your strengths and weaknesses. Seek feedback from others to gain a better understanding of how you are perceived.

5. Empathy: Practice active listening and try to understand other people’s perspectives. Show compassion and kindness towards others. Volunteer or get involved in community service to develop your empathy skills.

6. Vision: Set long-term goals and create a plan to achieve them. Visualize your success and focus on the steps you need to take to get there.

7. Passion: Pursue activities that you are passionate about. Find ways to incorporate your passions into your work or career.

8. Perseverance: Stay committed to your goals even when faced with obstacles or setbacks. Keep pushing forward and don’t give up on your dreams.

9. Courage: Take risks and be willing to fail. Stand up for what you believe in, even if it’s not the popular opinion.

10. Humility: Recognize that you don’t know everything and be open to learning from others. Admit when you make mistakes and take responsibility for your actions.

11.nCreativity: Embrace your creativity and find ways to express yourself through art, music, writing, or other creative outlets.

12. Authenticity: Be true to yourself and don’t try to be someone you’re not. Embrace your unique qualities and use them to your advantage.

13. Open-mindedness: Be open to new ideas, perspectives, and experiences. Challenge your own beliefs and biases by seeking out diverse viewpoints.


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