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5 Things to Know Today: The Money News Shaping Your Week

5 Things to Know Today: The Money News Shaping Your Week 1. Canada’s Economy Grew Faster Than Expected Canada’s economy expanded at an annualized 2.6% in Q4, driven by stronger household spending, exports, and business investment. 2. Manitoba Fast‑Tracks Major Infrastructure Projects A new federal‑provincial agreement introduces a “one project, one review” system to accelerate ports, highways, and energy corridors. 3. Job Market Shows a Small but Positive Uptick Canada added 14,000 jobs in March, with wages rising 4.7% — a key factor ahead of the Bank of Canada’s April 29 rate decision. 4. Oil Markets Remain Volatile After Hormuz Reopening Iran has reopened the Strait of Hormuz, but analysts warn global oil markets may take time to stabilize. 5. Canadians Face Rising Affordability Pressures More Canadians are turning to budgeting tools as inflation, energy costs, and housing pressures persist.
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Investor Relief: Markets Stabilize as Tariff Tensions Ease

 


U.S. stocks experienced a welcome reprieve after initial sell-offs triggered by President Trump’s sweeping tariff announcements. Early in the trading session, fears of a full-blown trade war led to sharp declines across major indices. However, after Trump announced a one‐month delay on tariffs targeting Mexico, investor sentiment began to shift, and share falls eased noticeably.

The temporary pause allowed markets to regain some lost ground, with the Dow Jones, S&P 500, and Nasdaq all managing to claw back earlier losses. Analysts noted that the delay reduced immediate concerns over supply chain disruptions and increased costs, giving investors a short-term breather while negotiations continue. Although uncertainties remain—especially as tariffs on Canada and China are still pending—the easing of share falls has injected cautious optimism into the market, suggesting that further policy adjustments might help stabilize economic conditions.


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