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5 Money Things Every Canadian Should Know Today — April 24, 2026

                                               5 Money Things Every Canadian Should Know Today — April 24, 2026 URL Slug: canadian-money-brief-april-24-2026 Description: Fuel tax relief at the pumps, oil price shock fears, Canada Post's record loss, TSX jitters, and the tax deadline — your 5-minute money briefing. Labels: Economy , Markets , Personal Finance , Energy , Federal Budget , Taxes , Canada Post Your quick Canadian money briefing — five stories, plain language, no filler. 1. Cheaper Gas — For Now If you filled up this week, you may have noticed a few extra cents in your pocket. Ottawa's temporary federal fuel excise tax suspension kicked in on April 20 and runs through September 7. The result: roughly 10 cents per litre saved on gasoline and 4 cents per litre on diesel . Prime Minister Mark Carney framed it as relief for trucker...

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Wall Street Nervous Ahead of US Inflation Report

 

Shares in Asian markets dipped today as investors anxiously await a crucial U.S. inflation report due on Friday. The report’s findings could significantly impact interest rates and global markets.

Key Points:

  • Focus on Inflation: The U.S. Federal Reserve closely monitors the Personal Consumption Expenditures (PCE) index, a key measure of inflation. Recent mixed data has left investors in a wait-and-see mode, wondering when the central bank might adjust interest rates.

  • Chinese Property Market: Efforts to revive China’s property sector have fallen short. Despite Beijing’s measures to cut down-payment ratios and mortgage interest rates, the market remains sluggish. Dozens of property developers defaulted on debts, affecting the entire Chinese economy.

  • Wall Street’s Reaction: Wall Street is cautious, with the Hang Seng down 2% and the Shanghai composite index slipping 0.6%. Investors worldwide are closely monitoring the inflation report’s impact.



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