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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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Biden-Trump Debate: Age Concerns Take Center Stage

The upcoming debate between U.S. President Joe Biden and Republican Donald Trump is a crucial moment for both candidates. At age 81, Biden aims to demonstrate his capability to handle the rigors of another four-year term, while Trump, at 78, faces scrutiny over his age and stamina. 

A strong performance by Biden could neutralize concerns and shift focus to policy issues, while a weak showing might impact fundraising and poll standings. Mental fitness remains a key issue for undecided voters, with some expressing worries about Biden’s age. Let’s see how this pivotal debate unfolds! 

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