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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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Biden Labels Debate Performance as 'Bad Night'; Senior Democrats Support Continuation of Campaign

In a recent development on the U.S. political front, President Joe Biden openly acknowledged a lackluster performance in a recent debate, describing it as 'a bad night'. Despite this critique of his own showing, influential members of the Democratic Party have indicated they will not advocate for Biden's withdrawal from the presidential race.

The comment by Biden highlights the competitive nature of the electoral process as the campaign season heats up. The debated event has been recognized for its pivotal moments, with candidates facing challenges in articulating their policy positions and demonstrating leadership capabilities to the electorate.

Senior Democrats, while acknowledging the significance of debate performances in shaping public opinion, have reiterated their support for Biden's candidacy. Their stance underscores a unified front within the party, emphasizing continuity and resilience as they navigate through the upcoming electoral hurdles.

The steadfast backing from prominent Democratic leaders reflects their confidence in Biden's ability to maneuver through the complexities of the presidential contest and effectively communicate his vision for the nation. As the election cycle progresses, Biden continues to emphasize the achievements of his administration and outline future policy objectives aimed at resonating with a diverse electorate.

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