Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Canada Post Strike Threatens Vital Donations for Local Charities


 

As the holiday season approaches, local charities are facing a significant challenge due to the ongoing Canada Post strike. This disruption is expected to lead to a sharp decline in mail-in donations, which are crucial for many non-profit organizations during this time of year.

In the Waterloo region, charities like the United Way and the Salvation Army rely heavily on mail-in donations, especially during November and December. Scott Hamilton from United Way Waterloo Region mentioned that half of their donations come through the mail during these months. Similarly, the Salvation Army received about $60,000 through mail-in donations last Christmas.

The strike has already impacted organizations like Food4Kids Waterloo Region, which reported a $10,000 shortfall due to the postal disruptions. Many charities are urging donors to consider alternative methods of giving, such as online donations, phone pledges, or in-person contributions.

To mitigate the impact, some organizations are exploring options like hand-delivering newsletters and donation requests to potential donors. Despite these efforts, the strike poses a significant threat to the fundraising efforts of many local charities, potentially affecting their ability to support those in need during the holiday season.

If you usually donate by mail, consider switching to online or other methods to ensure your contributions reach these vital organizations.


Labels:

Comments

Post a Comment