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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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Airstrikes Continue in Gaza Despite Ceasefire Announcement, Over 70 Lives Lost


In a tragic turn of events, the Gaza Health Ministry has reported that more than 70 people were killed in Israeli airstrikes following the announcement of a ceasefire agreement. The airstrikes, which occurred overnight, have shattered the brief moment of hope that had emerged with the ceasefire deal.

Residents of Gaza, who had been celebrating the anticipated truce, were met with columns of smoke and rubble as the airstrikes continued. Among the casualties were 20 children and 25 women, with around 200 others wounded. The scenes of devastation were repeated across the densely populated territory, where many have been displaced multiple times since the conflict began in October 2023.

The ceasefire agreement, brokered by Qatar and the United States, was set to take effect on Sunday, but the recent violence has cast doubt on its implementation. The Israeli military has not yet commented on the ongoing strikes.

As the international community watches closely, the hope for a lasting peace in Gaza remains fragile, with many fearing further bloodshed in the coming days.




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