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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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Icy Monday Ahead: Freezing Rain Threatens Ontario's Commutes


As southern Ontario braces for a pattern change, commuters should be wary of freezing rain that is expected to make roads slippery on Monday. Warmer air moving into the region will clash with stubborn cold air near the surface, creating conditions ripe for ice formation.


Areas at Highest Risk:

- Northern Greater Toronto Area (GTA)

- Cottage country

- Eastern Ontario, including Orangeville, Barrie, and Peterborough


Timing:

- Ice accretion will coincide with the morning commute and continue into the early afternoon before transitioning to rain.

- Central Ontario and the Nickel Belt may experience icing through the evening, potentially turning back to snow.


Precautions:

- Expect slow and messy commutes due to slippery road conditions.

- Environment and Climate Change Canada has issued widespread freezing rain warnings.


Stay tuned to local weather updates and drive safely!



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