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5 Things to Know Today: Key Money Headlines for Canadians

1. Spring Economic Update Lands Today Finance Minister François‑Philippe Champagne tables the 2026 Spring Economic Update this afternoon, outlining Ottawa’s latest fiscal outlook and new measures aimed at supporting Canadians amid global instability. 2. Fuel Excise Tax Temporarily Suspended Prime Minister Mark Carney has paused the federal excise tax on gas, diesel, and aviation fuel , offering short‑term relief as energy prices remain elevated due to geopolitical tensions.  3. Canada’s First Sovereign Wealth Fund Announced Carney has unveiled the Canada Strong Fund , the country’s first sovereign wealth fund, designed to finance major national infrastructure and economic‑building projects in partnership with the private sector.  4. CPP & OAS Payments Arrive Today New CPP and OAS payments are being issued today, including adjustments for seniors affected by recovery tax calculations, which are spread across monthly OAS payments.  5. Global Instability Conti...
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Israeli Prime Minister's Office Refutes Claims of Hamas Agreement on Gaza Ceasefire

 

In a recent development, the office of Israeli Prime Minister Benjamin Netanyahu has denied reports that Hamas has agreed to a ceasefire proposal mediated by Qatar. Contrary to earlier claims by an Israeli official, the Prime Minister's office stated that Hamas has not yet responded to the deal.

The proposal, which aims to halt the ongoing conflict in Gaza, was reportedly set to be formally announced on Thursday, with the first phase of the agreement commencing on Sunday. However, the Prime Minister's office clarified that no official communication has been received from Hamas regarding their acceptance of the terms.

This denial comes amidst ongoing negotiations and efforts by international mediators to broker a ceasefire and secure the release of hostages held by Hamas in exchange for Palestinian prisoners. The situation remains fluid, with both sides yet to reach a final agreement.


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