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5 Things to Know Today: Your Canadian Money Brief

  Wednesday, April 29, 2026 | moneysavings.ca/canadian-money-brief 1. The Bank of Canada Is Watching — And So Should You Markets are closely parsing every signal from the Bank of Canada ahead of its next rate announcement. With inflation holding stubbornly above target in key categories like shelter and groceries, economists are split on whether another cut is on the table or a longer hold is in store. If you're carrying variable-rate debt or sitting on a GIC renewal, now is the time to model both scenarios. What to do: Don't lock into a long-term rate product until after the next announcement. A few days of patience could save you thousands. 2. Spring Housing Market: More Listings, Less Panic After years of near-empty inventory, more Canadian sellers are finally listing — particularly in the Greater Toronto Area and Greater Vancouver. The uptick in supply is giving buyers breathing room they haven't seen since pre-pandemic times. That said, prices haven't mean...

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Top 6 Winter Health Hazards and How To Beat Them

 


Winter is a beautiful season, but it also comes with some health risks that you should be aware of. Here are the top 6 winter health hazards and how to beat them:

1. Cold and flu: The most common winter illnesses are cold and flu, which are caused by viruses that spread through respiratory droplets. To prevent getting sick, wash your hands frequently, avoid touching your face, get a flu shot, and stay home if you have symptoms. To treat a cold or flu, drink plenty of fluids, rest, and take over-the-counter medications as needed.

2. Frostbite: Frostbite is a condition where the skin and underlying tissues freeze due to exposure to extreme cold. It usually affects the fingers, toes, nose, ears, and cheeks. To prevent frostbite, dress warmly in layers, cover your exposed skin, and limit your time outdoors in cold weather. To treat frostbite, seek medical attention as soon as possible, warm the affected area gradually with warm water or body heat, and avoid rubbing or breaking the skin.

3. Hypothermia: Hypothermia is a condition where the body temperature drops below 95°F (35°C) due to exposure to cold. It can cause shivering, confusion, drowsiness, and even death. To prevent hypothermia, dress warmly in layers, stay dry, and avoid alcohol and caffeine. To treat hypothermia, seek medical attention as soon as possible, move to a warm place, remove wet clothing, and wrap the person in blankets or warm clothes.

4. Dry skin: Dry skin is a common problem in winter due to low humidity and harsh winds. It can cause itching, cracking, and bleeding. To prevent dry skin, moisturize your skin daily, use gentle cleansers, and avoid hot showers and baths. To treat dry skin, apply a thick moisturizer or petroleum jelly to the affected areas, and use a humidifier or vaporizer to add moisture to the air.

5. Seasonal affective disorder (SAD): SAD is a type of depression that occurs during the winter months due to reduced sunlight and shorter days. It can cause mood swings, low energy, appetite changes, and difficulty sleeping. To prevent SAD, get enough sunlight during the day, exercise regularly, and maintain a healthy diet. To treat SAD, consult your doctor about medication or light therapy options.

6. Carbon monoxide poisoning: Carbon monoxide is a colorless, odorless gas that can be produced by faulty furnaces, fireplaces, generators, or car engines. It can cause headaches, nausea, dizziness, and even death. To prevent carbon monoxide poisoning, install carbon monoxide detectors in your home, check your heating system regularly, and never run your car in an enclosed space. To treat carbon monoxide poisoning, seek medical attention as soon as possible, move to a fresh air source, and administer oxygen if available.

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