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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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Gaza Ceasefire Deal Reached: Hostages to be Freed Amidst Ongoing Negotiations


In a significant breakthrough, officials have announced a ceasefire deal to end 15 months of fighting in the Gaza Strip. The agreement, brokered by the United States, Qatar, and Egypt, includes the release of dozens of hostages held in Gaza and Palestinian prisoners in Israeli jails. This marks the first real break in violence since a weeklong truce expired in December 2023.

However, Israeli Prime Minister Benjamin Netanyahu has stated that several unresolved clauses remain, and the details are still being finalized. Netanyahu emphasized that the deal must receive approval from his security Cabinet and the full Cabinet before it can be implemented.

The ceasefire deal is set to bring much-needed relief to civilians in Gaza, who have endured a brutal winter amid ongoing conflict. The agreement will also allow displaced Palestinians to return to their homes and facilitate the transfer of humanitarian aid to the region.

While the news has been met with celebration, it is also bittersweet for families of those who have lost loved ones. The release of hostages is a step towards peace, but the journey to fully resolve the conflict continues.



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