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5 Things Every Canadian Should Know About Their Money Today

Published: April 26, 2026 · moneysavings.ca/canadian-money-brief The week is shaping up to be a busy one for Canadian wallets. From a federal budget update to record household debt, here are the five things you need to know today. 1. The Spring Economic Update Lands Monday Finance Minister François-Philippe Champagne is set to table the Spring Economic Update 2026 on April 28 — just two days away. The government has promised to outline its plan to build "the strongest economy in the G7," with further actions to drive prosperity and support Canadians. Whether that means tax relief, new spending, or trade-war cushions, Canadians should pay close attention: what gets announced Monday could directly affect your tax bill, your mortgage rate outlook, and government benefit amounts. What to watch for: any changes to the GST/HST credit, housing incentives, or tariff-offset support for workers. 2. Your Household Debt Is Still Climbing Statistics Canada's latest data pa...

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LCBO Strike Continues Amidst Dispute Over Return-to-Work Protocol

 

A tentative agreement to end the two-week-long strike at the Liquor Control Board of Ontario (LCBO) has been thrown into question, with both sides accusing each other of bad faith bargaining. The Ontario Public Service Employees Union (OPSEU), representing 10,000 LCBO workers, announced that the strike would continue because the employer refused to sign a return-to-work protocol.

Despite initial optimism, the LCBO has stated that OPSEU introduced significant new monetary demands after the tentative deal was reached, which they argue should have been addressed during negotiations. The LCBO plans to file an unfair labour practice complaint against OPSEU.

The strike, which began on July 5, has been largely driven by concerns over Premier Doug Ford’s plan to allow convenience and grocery stores to sell ready-to-drink cocktails, a move that OPSEU claims threatens their jobs. The LCBO, however, maintains that this issue is not relevant to the bargaining table.

Negotiations had resumed earlier this week, with the LCBO offering wage increases, improved benefits for part-time workers, and the conversion of casual workers to permanent full-time positions. However, the failure to finalize the return-to-work protocol has left the strike ongoing, with no clear resolution in sight.


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