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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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Gaza Strip Airstrikes: A Tragic Toll

 

On Thursday, Israeli airstrikes resulted in the deaths of at least 26 people across the Gaza Strip. The strikes targeted Hamas security officers and an Israeli-declared humanitarian zone. Among the casualties were three children and two senior Hamas police officers. 

The strikes have exacerbated the already dire humanitarian situation in Gaza, where hundreds of thousands of displaced people are seeking shelter. The ongoing conflict has led to widespread destruction and significant loss of life, with over 45,000 Palestinians killed since the war began. The international community continues to call for a ceasefire and a peaceful resolution to the conflict.

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