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5 Things Every Canadian Should Know About Their Money Today

Published: April 26, 2026 · moneysavings.ca/canadian-money-brief The week is shaping up to be a busy one for Canadian wallets. From a federal budget update to record household debt, here are the five things you need to know today. 1. The Spring Economic Update Lands Monday Finance Minister François-Philippe Champagne is set to table the Spring Economic Update 2026 on April 28 — just two days away. The government has promised to outline its plan to build "the strongest economy in the G7," with further actions to drive prosperity and support Canadians. Whether that means tax relief, new spending, or trade-war cushions, Canadians should pay close attention: what gets announced Monday could directly affect your tax bill, your mortgage rate outlook, and government benefit amounts. What to watch for: any changes to the GST/HST credit, housing incentives, or tariff-offset support for workers. 2. Your Household Debt Is Still Climbing Statistics Canada's latest data pa...

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Severe Blizzard Conditions Persist in Ontario: Travel Advisory in Effect


Ontario continues to grapple with severe blizzard conditions, leading to widespread highway closures and hazardous travel conditions. Environment and Climate Change Canada (ECCC) has issued blizzard warnings for several areas surrounding Lake Huron, including Owen Sound, Blue Mountains, and Saugeen Shores. 

The blizzard conditions are accompanied by strong, gusty winds, with speeds reaching up to 80 km/h, causing significant blowing snow and reduced visibility. The hardest-hit regions could see accumulations of 30-50 cm of snow, making travel extremely treacherous. 

Highway 21, from Ashfield to Southampton, has been closed due to poor conditions and a reported incident. Other affected highways include 10, 26, and parts of the 400, with potential bursts of snow reaching the northern Greater Toronto Area (GTA) and parts of the 401. 

ECCC advises against non-essential travel and urges those who must travel to keep others informed of their schedule and destination, carry an emergency kit, and stay updated on weather warnings. 

Stay safe and stay informed as conditions continue to deteriorate in Ontario's snowbelt regions.




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