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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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Iran to Decide on Response to Israeli Attack, Says Supreme Leader

 

In the wake of a recent Israeli airstrike on Iranian territory, Supreme Leader Ayatollah Ali Khamenei has called on Iranian officials to determine the most effective way to showcase Iran’s power in response. The attack, which occurred two nights ago, has heightened tensions between the two nations.

According to Iran’s official IRNA news agency, Khamenei emphasized the importance of a strategic and calculated response that would demonstrate Iran’s strength without escalating the conflict unnecessarily. The Supreme Leader’s directive comes as both countries navigate a complex geopolitical landscape, with regional stability hanging in the balance.

Israeli Prime Minister Benjamin Netanyahu described the airstrike as “precise and powerful,” claiming it achieved all intended objectives, including targeting Iranian defense capabilities and missile production facilities. Meanwhile, Khamenei urged Iranian officials to carefully assess the situation and respond in a manner that underscores Iran’s resilience and strategic capabilities.

The international community is closely monitoring the developments, as any significant escalation could have far-reaching implications for regional and global security.


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