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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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Jake Paul Defeats Mike Tyson in Lackluster Bout

 

In a highly anticipated yet ultimately disappointing boxing match, Jake Paul emerged victorious over the legendary Mike Tyson. The fight, held at AT&T Stadium in Texas, saw Paul win by unanimous decision after eight rounds of two-minute bouts. The judges scored the fight 80-72, 79-73, and 79-73 in favor of Paul.

Tyson, now 58 years old and having not competed professionally in 19 years, struggled to keep up with the younger and more athletic Paul. The bout was characterized by Tyson’s sluggish performance, landing only 18 punches compared to Paul’s 78. Despite receiving a hero’s welcome, Tyson’s performance left fans disappointed, with many booing as the fight concluded.

Paul, a 27-year-old YouTuber-turned-boxer, managed to keep Tyson at bay with effective jabs and accurate punches. The fight, streamed on Netflix, drew significant attention but failed to deliver the excitement many had hoped for. Post-fight, Tyson hinted at a possible future bout with Paul’s brother, Logan, despite the lackluster showing.

This victory marks Paul’s 11th professional win, further solidifying his controversial presence in the boxing world.


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