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Tuesday, April 28, 2026 | moneysavings.ca/canadian-money-brief Canadian markets are navigating a high-stakes Tuesday with two major macro events dominating the conversation: Finance Minister François-Philippe Champagne's Spring Economic Update — tabled in Parliament today — and tomorrow's eagerly anticipated Bank of Canada rate decision. TSX Pulls Back Monday, Eyes Mixed Open Tuesday The S&P/TSX Composite Index closed Monday at 33,818 points , slipping 0.25% as stalled U.S.–Iran peace talks cooled risk appetite heading into one of the busiest weeks on the Canadian financial calendar. The index remains up nearly 6% over the past month, reflecting the broader resilience of Canadian equities against a backdrop of global uncertainty. Banking stocks traded in split fashion. BMO and TD each added 0.4% , while Brookfield Asset Management shed 1.7% and Fairfax Financial dropped 2.6% ahead of its earnings release. Shopify fell 1.4% as investors waited on a slate of major ...
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Starbucks Workers Escalate Strike, Threatening Holiday Operations

 

Starbucks workers across the United States have launched a five-day strike, demanding better pay, staffing, and schedules. The strike, organized by the Starbucks Workers United union, began on December 20th in cities like Los Angeles, Chicago, and Seattle. The union warns that the strike could impact hundreds more stores by Christmas Eve.

Union members cite unresolved issues over wages and labor practices as key reasons for the protest. Despite earning an average of $21 an hour, baristas argue that this wage is inadequate given inflation and the high cost of living, especially since many employees don't receive 40-hour workweeks.

Starbucks has held multiple bargaining sessions with the union since April but claims that the union prematurely ended the latest session. The company has offered a 1.5% wage increase in future years, but the union has rejected this offer, demanding a more substantial raise.

As the holiday season approaches, the strike poses a significant challenge for Starbucks, which relies heavily on holiday sales. The union's actions reflect a broader trend of labor unrest in the service industry, with similar strikes occurring at other major companies.

The outcome of these negotiations remains uncertain, but the strike has already garnered significant attention and support from the public.



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