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5 Things to Know Today: Key Money Headlines for Canadians

1. Spring Economic Update Lands Today Finance Minister François‑Philippe Champagne tables the 2026 Spring Economic Update this afternoon, outlining Ottawa’s latest fiscal outlook and new measures aimed at supporting Canadians amid global instability. 2. Fuel Excise Tax Temporarily Suspended Prime Minister Mark Carney has paused the federal excise tax on gas, diesel, and aviation fuel , offering short‑term relief as energy prices remain elevated due to geopolitical tensions.  3. Canada’s First Sovereign Wealth Fund Announced Carney has unveiled the Canada Strong Fund , the country’s first sovereign wealth fund, designed to finance major national infrastructure and economic‑building projects in partnership with the private sector.  4. CPP & OAS Payments Arrive Today New CPP and OAS payments are being issued today, including adjustments for seniors affected by recovery tax calculations, which are spread across monthly OAS payments.  5. Global Instability Conti...

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Honouring the Fallen: Canadians Unite on Remembrance Day

 

Today, Canadians from coast to coast gather to commemorate Remembrance Day, a solemn occasion dedicated to honoring the brave men and women who sacrificed their lives in military service. Ceremonies are held at cenotaphs and war memorials across the country, with the National War Memorial in Ottawa serving as the focal point for national observances.

Prime Minister Justin Trudeau and Governor General Mary Simon are among the dignitaries attending the ceremony in Ottawa. They are joined by Maureen Anderson, this year’s Silver Cross Mother, who represents all mothers who have lost children in military service. Anderson’s two sons, Sgt. Ron Anderson and Sgt. Ryan Anderson, both served in Afghanistan and tragically passed away after battling post-traumatic stress disorder.

At 11 a.m., Canadians observe a moment of silence, marked by the mournful sound of the Last Post, to remember and honor the fallen. This tradition, rooted in the anniversary of the Armistice agreement that ended World War I, continues to resonate deeply with Canadians, reflecting the nation’s enduring gratitude and respect for its veterans.

In addition to the national ceremony, numerous local events and activities take place, including parades, wreath-laying ceremonies, and educational programs aimed at preserving the memory of those who served. These events provide an opportunity for Canadians of all ages to reflect on the sacrifices made for the freedoms they enjoy today.

Remembrance Day is not only a time to remember the past but also to recognize the ongoing contributions of Canada’s armed forces. It serves as a poignant reminder of the cost of peace and the importance of continuing to strive for a better, more peaceful world.


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