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5 Things to Know About Your Money Today — May 22, 2026

F riday, May 22, 2026    |  By MoneySavings.ca A lot is moving in the Canadian money world right now — from grocery settlements landing in bank accounts to energy prices pushing inflation higher. Here are the five things every Canadian should know about their finances today. 1. Bread Settlement Cheques Are Arriving — Check Your Inbox If you filed a claim in the $500-million Canadian Packaged Bread Class Actions Settlement , your money could be on its way right now. Payouts started rolling out the week of May 11, 2026, and are being sent either by Interac e-Transfer or cheque depending on how you registered. The amounts are modest but real: $49.11 for most claimants, or $24.11 if you previously received a Loblaw gift card through the 2017–2019 program. The settlement covers anyone who bought packaged bread for personal use between 2001 and 2021. Watch for scams. Legitimate e-Transfer payments arrive only from notify@payments.interac.ca . No texts, no calls — if someone...
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Israel Storms Gaza City Neighborhood, Orders Palestinians to Move South

 


In a recent escalation of the ongoing conflict, Israel stormed a neighborhood in Gaza City, directing Palestinians to move south. Tanks rolled into the Shejaia neighborhood, firing and causing destruction. Drones also attacked after overnight bombings. The Palestinian Civil Emergency Service reported casualties in Shejaia, but their teams were unable to reach the affected areas due to the ongoing offensive. Meanwhile, the armed wing of Hamas ally Islamic Jihad detonated an explosive device against an Israeli tank east of Shejaia.

The situation remains dire in Gaza, with aid officials warning of high famine risk. Almost half a million people face “catastrophic” food insecurity. Additionally, the death toll from malnutrition and dehydration has risen, with at least 31 children losing their lives. Israel denies creating famine conditions, attributing distribution problems to aid agencies and accusing Hamas of diverting aid.

This conflict continues to have devastating consequences for civilians, and urgent humanitarian efforts are needed to address the crisis.



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