Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Cyprus Leaders Discuss Opening New Crossing Points Along 1974 Ceasefire Line


 Leaders of war-divided Cyprus said on Monday they supported opening further crossing points along the 1974 ceasefire line splitting the island to meet popular demand, and would work with the United Nations towards that objective. President Nikos Christodoulides, the Greek Cypriot leader, and Turkish Cypriot leader Ersin Tatar discussed the modalities of new checkpoints at a rare meeting hosted by the United Nations in the divided capital Nicosia. 

Despite mutual support for further openings, the leaders did not announce any immediate measures to ease movement across the truce line, indicating continued disagreements. The leaders believe that the opening of new crossing points is critical to promote people-to-people contacts, strengthen economic ties, and build trust. 

Another meeting is scheduled in the coming days to continue discussions. The push for additional checkpoints follows months of negotiations focused on where and how many checkpoints should open in addition to the nine crossings used by thousands daily along a 180-km (116-mile) ceasefire line. 

It is estimated that more than a million people use the checkpoints to cross each year either for employment, education, or personal reasons. The first pedestrian crossing was opened in April 2003 after almost three decades of isolation. 

Greek Cypriots say they do not object to opening one checkpoint advocated by Turkish Cypriots in the east of Nicosia, the island's ethnically-split capital. They say that in a spirit of reciprocity, Turkish Cypriots should agree to opening a checkpoint which Greek Cypriots want. 

The leaders' joint statement emphasized the importance of opening new crossing points to promote people-to-people contacts, strengthen economic ties, and build trust. 




Labels:

Comments

Post a Comment