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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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President Biden Reaffirms His Capability Despite Brief Stumble During NATO Remarks

In a high-stakes address at the NATO summit, President Joe Biden took the opportunity to reaffirm his fitness to serve as President, following a minor slip that briefly interrupted his speech. The incident, which occurred as Biden was ascending the stage, was quickly managed, and the President swiftly resumed his remarks.

Biden, 80, addressed concerns about his age and physical condition head-on. “Let me be clear,” he stated firmly, “I am fully capable of performing my duties as President. My commitment to our allies and to the American people is unwavering.” He emphasized his administration’s achievements and the crucial role the U.S. continues to play on the global stage.

The NATO summit, held in Vilnius, Lithuania, comes at a critical time as the alliance navigates complex challenges, including the ongoing conflict in Ukraine and rising tensions with Russia. Biden’s speech highlighted the importance of unity among NATO members and reiterated the United States’ commitment to collective defense.

Despite the brief stumble, Biden’s address was well-received, with leaders from allied nations expressing confidence in his leadership. The President’s ability to address concerns about his health while simultaneously focusing on significant geopolitical issues underscored his resilience and experience in handling both domestic and international affairs.

The President’s remarks also included a call for increased support for Ukraine, reaffirming NATO’s stance against Russian aggression. “Our support for Ukraine remains steadfast. We must continue to stand together in defense of freedom and democracy,” Biden declared, urging for continued aid and solidarity among NATO members.

This appearance is part of a broader effort by the Biden administration to reassure both domestic and international audiences of the President’s capabilities and the U.S.'s commitment to its allies. While Biden’s age has been a topic of discussion, his ability to effectively navigate and address critical issues at such a pivotal moment demonstrates his preparedness and dedication to his role as Commander-in-Chief.


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