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5 Things to Know Today: Key Money Headlines for Canadians

1. Spring Economic Update Lands Today Finance Minister François‑Philippe Champagne tables the 2026 Spring Economic Update this afternoon, outlining Ottawa’s latest fiscal outlook and new measures aimed at supporting Canadians amid global instability. 2. Fuel Excise Tax Temporarily Suspended Prime Minister Mark Carney has paused the federal excise tax on gas, diesel, and aviation fuel , offering short‑term relief as energy prices remain elevated due to geopolitical tensions.  3. Canada’s First Sovereign Wealth Fund Announced Carney has unveiled the Canada Strong Fund , the country’s first sovereign wealth fund, designed to finance major national infrastructure and economic‑building projects in partnership with the private sector.  4. CPP & OAS Payments Arrive Today New CPP and OAS payments are being issued today, including adjustments for seniors affected by recovery tax calculations, which are spread across monthly OAS payments.  5. Global Instability Conti...

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The Holiday Job Market Blues: A Seasonal Slump

 

The holiday season is upon us, but the job market is not as jolly as it used to be. According to a report by Indeed, Canadian postings for seasonal holiday jobs are down 30% from last year, amid a softening economy and cooling labour market1. The slowdown in holiday job openings is likely related to industry-specific trends like e-commerce and remote work.

This year’s holiday job market is hitting the skids, and it’s not looking good for job seekers. With fewer job openings, it’s becoming increasingly difficult to find seasonal work. However, job seekers are still searching for holiday work, which suggests that it may be easier for employers to find seasonal work this year.

In light of these developments, it’s important to stay positive and keep your options open. Consider exploring alternative job opportunities that align with your interests and skills. You never know, you might find something that you enjoy more than seasonal work.


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