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5 Things to Know About Your Money Today — May 22, 2026

F riday, May 22, 2026    |  By MoneySavings.ca A lot is moving in the Canadian money world right now — from grocery settlements landing in bank accounts to energy prices pushing inflation higher. Here are the five things every Canadian should know about their finances today. 1. Bread Settlement Cheques Are Arriving — Check Your Inbox If you filed a claim in the $500-million Canadian Packaged Bread Class Actions Settlement , your money could be on its way right now. Payouts started rolling out the week of May 11, 2026, and are being sent either by Interac e-Transfer or cheque depending on how you registered. The amounts are modest but real: $49.11 for most claimants, or $24.11 if you previously received a Loblaw gift card through the 2017–2019 program. The settlement covers anyone who bought packaged bread for personal use between 2001 and 2021. Watch for scams. Legitimate e-Transfer payments arrive only from notify@payments.interac.ca . No texts, no calls — if someone...
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Tragedy in Gaza: Israeli Airstrike Hits School, Killing 30 Including Children

 

In a devastating incident on Saturday, an Israeli airstrike targeted a school in Deir al-Balah, Gaza, which was being used as a shelter by displaced Palestinians. The attack resulted in the deaths of at least 30 people, including several children.

The school, which housed thousands of people seeking refuge from ongoing conflict, was struck amidst escalating tensions. According to Gaza’s Health Ministry, the victims included seven children and seven women. The injured were rushed to Al Aqsa Hospital, where the scene was described as chaotic and heart-wrenching.

Israel’s military stated that the strike aimed at a Hamas command center allegedly used for storing weapons and planning attacks. However, Palestinian officials and humanitarian organizations have condemned the attack, highlighting the severe impact on civilians.

This tragic event has intensified calls for a ceasefire, with international mediators from the U.S., Egypt, Qatar, and Israel scheduled to meet in Italy to discuss potential resolutions. The ongoing conflict continues to take a heavy toll on the civilian population, with urgent appeals for peace and humanitarian aid growing louder.


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