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5 Things to Know Today: The Money News Shaping Your Week

5 Things to Know Today: The Money News Shaping Your Week 1. Canada’s Economy Grew Faster Than Expected Canada’s economy expanded at an annualized 2.6% in Q4, driven by stronger household spending, exports, and business investment. 2. Manitoba Fast‑Tracks Major Infrastructure Projects A new federal‑provincial agreement introduces a “one project, one review” system to accelerate ports, highways, and energy corridors. 3. Job Market Shows a Small but Positive Uptick Canada added 14,000 jobs in March, with wages rising 4.7% — a key factor ahead of the Bank of Canada’s April 29 rate decision. 4. Oil Markets Remain Volatile After Hormuz Reopening Iran has reopened the Strait of Hormuz, but analysts warn global oil markets may take time to stabilize. 5. Canadians Face Rising Affordability Pressures More Canadians are turning to budgeting tools as inflation, energy costs, and housing pressures persist.
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Ontario Braces for First Major Snow Squall Event of the Season



Ontario is gearing up for its first major snow squall event of the season, with meteorologists predicting overwhelming snow totals that could reach up to 50 cm. The multi-day event, starting late Thursday and continuing through the weekend, is expected to impact the traditional snowbelt regions, including London, Guelph, and parts of the Greater Toronto Area (GTA).

Snow squall watches and warnings have been issued for areas on the lee of the Great Lakes, with meteorologists warning of treacherous travel conditions due to intense accumulating snow and near-zero visibility. The coldest air of the season is expected to stir up the lake-effect snow machine, leading to persistent and potent snow squalls.

Drivers are urged to plan ahead and be prepared for sudden changes in weather conditions. While this may be great news for Ontario's ski resorts, it poses significant challenges for road travel.



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