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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...
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Canada Post Proposes New Framework to End Strike and Reach Agreement


Canada Post has recently presented a comprehensive framework to the Canadian Union of Postal Workers (CUPW) in an effort to resolve the ongoing strike and reach a negotiated agreement. The framework includes proposals aimed at increasing flexibility in the delivery model and addressing key issues in the labor dispute.

The strike, which began over two weeks ago, has been affecting the timely delivery of mail and parcels, especially as the holiday season approaches. The union is currently reviewing the framework documents, and both parties have adjusted their demands in hopes of restarting negotiations.

Federal Labour Minister Steven MacKinnon has emphasized the need for both sides to make sufficient modifications to their positions before mediation can resume. Canada Post remains committed to negotiating new collective agreements that will provide certainty for both employees and customers.

The union has expressed concerns that the framework does not fully consider the labour minister's comments about the agreement needing to be "ratifiable." However, there is hope that with the support of mediators, discussions can be reignited and a final agreement can be reached.

Canada Post has stated that it will not provide further details on the framework outside of the negotiations to facilitate talks. The corporation acknowledges the impact the strike is having on Canadians and remains dedicated to resolving the dispute.






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