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5 Things Every Canadian Should Know About Their Money Today

Published: April 26, 2026 · moneysavings.ca/canadian-money-brief The week is shaping up to be a busy one for Canadian wallets. From a federal budget update to record household debt, here are the five things you need to know today. 1. The Spring Economic Update Lands Monday Finance Minister François-Philippe Champagne is set to table the Spring Economic Update 2026 on April 28 — just two days away. The government has promised to outline its plan to build "the strongest economy in the G7," with further actions to drive prosperity and support Canadians. Whether that means tax relief, new spending, or trade-war cushions, Canadians should pay close attention: what gets announced Monday could directly affect your tax bill, your mortgage rate outlook, and government benefit amounts. What to watch for: any changes to the GST/HST credit, housing incentives, or tariff-offset support for workers. 2. Your Household Debt Is Still Climbing Statistics Canada's latest data pa...
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Justin Trudeau's Political Legacy: A Decade of Change


Prime Minister Justin Trudeau announced his resignation as the leader of the Liberal Party and Prime Minister of Canada, marking the end of nearly a decade in power. His tenure has been characterized by significant policy changes and initiatives that have left a lasting impact on the country.

Legalizing Cannabis: One of Trudeau's most notable achievements was the legalization of cannabis on October 17, 2018. This move not only fulfilled a major campaign promise but also sparked a new industry, with the domestic recreational market now valued in the billions.

Electoral Reform: Despite his success in many areas, Trudeau faced criticism for not fulfilling his promise of electoral reform. He had pledged that the 2015 federal election would be the last to use the first-past-the-post method, but this promise remained unfulfilled.

Reconciliation with Indigenous Peoples: Trudeau's government made significant strides in reconciliation with Indigenous communities. His administration worked to end long-term boil water advisories in First Nations communities and advanced Indigenous rights on the world stage.

Canada Child Benefit: In 2016, the Liberals launched the Canada Child Benefit, which replaced the previous system and provided more targeted support to families in need.

Climate Change Initiatives: Trudeau reaffirmed Canada's commitment to the Paris Climate Agreement and introduced a carbon tax as a measure to combat climate change. These initiatives bolstered Canada's global standing on environmental issues.

Challenges and Criticisms: Trudeau's tenure was not without its challenges. The SNC-Lavalin scandal and unfulfilled campaign promises dented his popularity. Additionally, his economic and environmental policies at times exhibited inconsistencies.

As Trudeau steps down, his legacy will be remembered for both his achievements and the challenges he faced. His tenure has undoubtedly shaped the political landscape of Canada and set a new standard for future leaders.



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