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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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Health Crisis in Gaza: Children Suffer Amid Overcrowded Camps

 

In the overcrowded tent camps of Gaza, a health crisis is unfolding as children suffer from a range of skin diseases. Health officials report a surge in cases of lice, scabies, and rashes, exacerbated by the dire living conditions. Over 103,000 cases of lice and scabies and 65,000 cases of skin rashes have been documented.

The root of the problem lies in the appalling conditions within the camps, which house hundreds of thousands of Palestinians displaced from their homes. The summer heat, combined with a collapse in sanitation, has created an environment ripe for disease. Pools of open sewage and a lack of clean water have left families struggling to maintain basic hygiene.

Parents describe the heartbreaking reality of watching their children suffer. “There’s no shampoo, no soap,” says Munira al-Nahhal, a resident of one of the camps. “The water is dirty. Everything is sand and insects and garbage.” Children are often seen scratching at red patches on their skin, with some developing open sores from constant irritation.

Efforts to combat the spread of these diseases are hampered by the lack of resources. Clean water is scarce, and many families resort to washing their children in salt water from the Mediterranean. The situation is further compounded by the ongoing conflict, which has left the region’s infrastructure in ruins.

As the crisis continues, the need for international aid and intervention becomes increasingly urgent. Without immediate action, the health and well-being of Gaza’s children remain at severe risk.



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