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5 Things to Know Today: The Money News Shaping Your Week

5 Things to Know Today: The Money News Shaping Your Week 1. Canada’s Economy Grew Faster Than Expected Canada’s economy expanded at an annualized 2.6% in Q4, driven by stronger household spending, exports, and business investment. 2. Manitoba Fast‑Tracks Major Infrastructure Projects A new federal‑provincial agreement introduces a “one project, one review” system to accelerate ports, highways, and energy corridors. 3. Job Market Shows a Small but Positive Uptick Canada added 14,000 jobs in March, with wages rising 4.7% — a key factor ahead of the Bank of Canada’s April 29 rate decision. 4. Oil Markets Remain Volatile After Hormuz Reopening Iran has reopened the Strait of Hormuz, but analysts warn global oil markets may take time to stabilize. 5. Canadians Face Rising Affordability Pressures More Canadians are turning to budgeting tools as inflation, energy costs, and housing pressures persist.
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Hezbollah Leader’s Death Sends Shockwaves Across the Middle East

 

The death of Hezbollah leader Hassan Nasrallah has sent shockwaves throughout Lebanon and the wider Middle East. The militant group confirmed on Saturday that Nasrallah was killed in an Israeli airstrike in a southern suburb of Beirut.

Nasrallah’s death has elicited a range of emotions across the region. In Lebanon, many supporters of Hezbollah are mourning the loss of their leader, with tears and public displays of grief. Conversely, in other parts of the Middle East, his death has been met with a mix of relief and celebration, reflecting the divisive nature of his leadership.

International reactions have also been polarized. U.S. President Joe Biden described the killing as “a measure of justice for his many victims,” while Iran’s Supreme Leader condemned the airstrike, calling it an "Israeli massacre".

Nasrallah had been a prominent figure in Middle Eastern politics for decades, known for his staunch opposition to Israel and his influence over Hezbollah’s military and political strategies. His death marks a significant turning point in the region’s geopolitical landscape, with potential implications for future conflicts and alliances.


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