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5 Things to Know Today — June 21, 2026

  Whether you're starting your week or wrapping up your weekend, here are the five Canadian money stories shaping your financial picture right now. 1 Canada Is Technically in a Recession — And the Political Fight Is On Canada's GDP contracted 0.1% on an annualized basis in Q1 2026, following a 1% decline in Q4 2025 — two consecutive quarters of negative growth that meet the textbook definition of a technical recession. Prime Minister Mark Carney has called it a "settling-in period" tied to his government's restructuring of the economy in response to the U.S. trade war. Conservative Leader Pierre Poilievre has been relentless in his counter-offensive, pointing to rising insolvencies, job losses and food bank usage as proof that the downturn is real, not technical. Many economists, including BMO's chief economist Douglas Porter, have noted that a future revision to Statistics Canada's data could erase the slim 0.1% contraction — meaning this may not ultimate...
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Fake Goods: How to Stay Safe When Shopping Online






Fake goods are everywhere online, and they can pose a threat to your health, safety, and wallet. Experts say that you should be careful when shopping online, especially from third-party vendors or unknown sellers.

Here are some ways to avoid buying a fake:

1. Buy from a brand’s own site or an authorized seller, such as Best Buy, Macy’s, or Footlocker. These retailers have strict policies and quality control to ensure that they sell only authentic products.

2. Research the seller before you buy. You can read online reviews from other customers, visit their website, check their return policy, and look for signs of legitimacy, such as contact information, customer service, and secure payment methods.

3. Be wary of prices that are too good to be true. If a product is significantly cheaper than the market price, it may be a counterfeit. You can compare prices across different websites and check the official website of the brand for the suggested retail price.

4. Inspect the product carefully when you receive it. Look for any signs of poor quality, such as spelling errors, missing labels, wrong logos, or faulty packaging. If you suspect that you bought a fake, you should contact the seller and request a refund. You can also report the seller to the online platform or the authorities.

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