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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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Trudeau to Reshuffle Cabinet Amid Ministerial Departures

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Prime Minister Justin Trudeau is preparing for another cabinet shuffle following the announcement that four more federal ministers will not seek re-election. This move comes at a time when Trudeau’s leadership is facing increasing scrutiny.

The ministers stepping down include Filomena Tassi, who cited personal reasons for her decision. This reshuffle is expected to address the gaps left by these departures and ensure the government remains focused on its priorities.

The upcoming changes are part of Trudeau’s ongoing efforts to refresh his team and maintain stability within his administration as the next election approaches.


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