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Ottawa's Parliament Hill, where the Carney government is rolling out Canada's largest fiscal stimulus package since 1980. / Photo: Unsplash. MoneySavings.ca  ·  Economy & Policy Monday, April 13, 2026  ·  Daily Edition Canada at a crossroads: oil shock, frozen rates, and a trade deal on the clock Canada's economy is navigating a uniquely complicated moment in 2026. A Middle East conflict has sent oil prices surging past US$104 a barrel, a once-in-a-generation fiscal stimulus package is being rolled out in Ottawa, and the clock is ticking on a renegotiation of Canada's most important trade agreement. For everyday Canadians, this means uncertainty at the gas pump, a central bank with limited room to cut rates, and a federal government betting big on public spending to kick-start growth. Here is what you need to know about the forces shaping the Canadian economy right now. 1. The Bank of Canada is stuck — and oil is why The Bank of Canada has held it...

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TD Bank Settlement: $15.9 Million Approved for Insufficient Fund Fees Refund

 

The Ontario Superior Court has given the green light to a $15.9 million class-action lawsuit settlement related to TD Bank Group’s non-sufficient fund fees. This settlement aims to compensate customers who were double-charged a $48 fee. The issue of such fees has come under scrutiny, with the federal government pushing for lower charges. For lead plaintiff Tyler Dufault, being 45 cents short on a PayPal bill resulted in a whopping $96 in fees from TD. Approximately 105,000 people who faced similar double-charges are eligible for compensation, and TD has also agreed to amend some practices around these fees. Other major Canadian banks are also facing similar class actions regarding double-charges.

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