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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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U.S. Announces Departure from World Health Organization, Effective January 22, 2026

In a move that has sent shockwaves through the global health community, the United States has formally announced its decision to withdraw from the World Health Organization (WHO) on January 22, 2026. This decision, confirmed by the United Nations, follows a formal notification from President Donald Trump, who has criticized the WHO for its handling of the COVID-19 pandemic and other international health crises.

The U.S., which is the WHO's largest financial contributor, accounting for around 18% of its budget, will cease negotiations on the WHO pandemic treaty and recall all government personnel working with the organization. Experts warn that this departure could jeopardize critical global health programs, including those targeting tuberculosis, HIV/AIDS, and other health emergencies.

The WHO has expressed regret over the decision, emphasizing the importance of U.S. involvement in global health initiatives. The future of international health cooperation remains uncertain as the world awaits further developments.


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