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5 Things to Know Today: Canada’s Money Headlines

1. Bank of Canada expected to hold rates amid Iran‑war price pressures The Bank of Canada is preparing its next rate decision, with policymakers weighing inflation risks tied to the Iran conflict. Markets expect a hold as the Bank releases its new monetary policy report this week.  2. Oil & energy costs rise as global uncertainty persists Oil prices climbed more than US$2.50 as geopolitical tensions continue to influence global supply expectations. Canadian producers are also facing scrutiny, including Cenovus’s Newfoundland oilfield extension, which is projected to increase emissions by 21%. 3. Inflation pressures remain elevated for Canadian households Canada’s annual inflation rate rose to 2.4% in March , driven largely by higher gas prices. Rising costs continue to squeeze consumers, with food and essentials remaining stubbornly expensive.  4. Retail sales slow as Canadians pull back New data shows retail sales growth is losing momentum as households tighten bu...
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Investigation Continues in Trump Assassination Attempt Case

 

After conducting over 100 interviews, searching the suspect’s home and vehicle, and gaining access to his cellphone, FBI investigators are still searching for the motive behind the 20-year-old Pennsylvania man’s attempt to assassinate former President Donald Trump. 

The Pennsylvania State Police clarified that they were not responsible for securing the area where the gunman opened fire from a rooftop during a campaign rally in Butler Township, Pennsylvania. The FBI is investigating whether the shooter was a politically motivated domestic violent extremist, and they continue to analyze his electronic devices.

Additionally, the Department of Homeland Security has warned about the potential for “follow-on” or “retaliatory” acts in response to this assassination attempt. The investigation is ongoing, and authorities are focusing on understanding what drove the suspect to commit such a brazen act.

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