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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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Pentagon to Deploy 1,500 Troops to US-Mexico Border


The Pentagon has announced plans to deploy up to 1,500 active-duty troops to the US-Mexico border in the coming days. This move follows executive orders signed by President Donald Trump aimed at enhancing border security. Acting Defense Secretary Robert Salesses is expected to sign the deployment orders soon.

The troops will join approximately 2,500 National Guard and Reserve forces already stationed at the border. Their primary roles will include logistics, transportation, and construction of barriers to support border patrol agents. However, it remains to be seen if they will engage in law enforcement duties, which would mark a significant shift in their traditional roles.

This deployment is part of a broader strategy to "seal the borders" and address illegal immigration. The move has been met with mixed reactions, with supporters applauding the increased security measures and critics raising concerns about the implications of using military forces in this capacity.




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