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Canada's GDP Report Is Out Today — Here's What It Means for Your Wallet

Canada GDP Report June 2026 — MoneySavings.ca This morning, Statistics Canada releases its GDP by industry data for April 2026 — along with a flash estimate for May. The timing couldn't be more significant: Canada has technically entered a recession, and the Bank of Canada's next rate decision is just two weeks away on July 15 . Here's what today's report means for your mortgage, your job, and your savings — in plain English. What Is GDP and Why Does Today's Number Matter? GDP — Gross Domestic Product — is the broadest scorecard for how well Canada's economy is performing. It measures the total value of everything the country produces: goods, services, output across every industry. When GDP grows, businesses expand, hiring picks up, and incomes tend to rise. When it shrinks, the opposite happens. Today's release covers April 2026 data, plus Statistics Canada's advance estimate for May. The number that comes out this morning will either confirm that Cana...

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Almond Cookies


With their chewy texture, rich almond flavor, and just the right amount of sweetness, almond cookies are perfect for holiday gatherings, afternoon tea, or a cozy coffee break.


Ingredients

3 large egg whites

½ teaspoon salt

½ teaspoon almond extract

1 teaspoon vanilla extract

1 cup granulated sugar

2½ cups almond flour

About 1 cup confectioners’ sugar (for rolling)


instructions

1. Whisk egg whites, salt, almond extract, and vanilla extract until frothy.

2. Add granulated sugar and whisk until combined.

3. Stir in almond flour until the dough comes together.

4. Chill the dough in the refrigerator for at least 1 hour.

5. Roll dough into balls, coat with confectioners’ sugar, and place on baking sheets.

6. Bake at 350°F (175°C) for 20-25 minutes until puffed with a crinkled appearance.

7. Let cool on baking sheets before transferring to a wire rack.




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