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5 Things to Know Today: Canada’s Money Headlines

1. Bank of Canada expected to hold rates amid Iran‑war price pressures The Bank of Canada is preparing its next rate decision, with policymakers weighing inflation risks tied to the Iran conflict. Markets expect a hold as the Bank releases its new monetary policy report this week.  2. Oil & energy costs rise as global uncertainty persists Oil prices climbed more than US$2.50 as geopolitical tensions continue to influence global supply expectations. Canadian producers are also facing scrutiny, including Cenovus’s Newfoundland oilfield extension, which is projected to increase emissions by 21%. 3. Inflation pressures remain elevated for Canadian households Canada’s annual inflation rate rose to 2.4% in March , driven largely by higher gas prices. Rising costs continue to squeeze consumers, with food and essentials remaining stubbornly expensive.  4. Retail sales slow as Canadians pull back New data shows retail sales growth is losing momentum as households tighten bu...

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April 5: A Day of Resistance Against Trump and Musk

As tensions rise over controversial policies and decisions by former President Donald Trump and billionaire Elon Musk, a wave of protests is set to sweep across the globe on April 5. Organizers are calling this the largest single day of demonstrations since Trump’s second term began. With over 600 events planned in cities across the United States and internationally, the protests aim to challenge what activists describe as an authoritarian power grab threatening democracy and essential social programs.

In Washington, D.C., thousands are expected to gather at the National Mall for a massive rally, while similar events will take place in cities like Los Angeles, Buffalo, and London. The movement, fueled by growing frustration with the administration's agenda, seeks to defend civil rights, public education, and healthcare against proposed cuts.

The protests also target Musk’s leadership of the Department of Government Efficiency (DOGE), accusing him of pushing extreme measures to slash federal spending and workforce. Demonstrators have organized "Tesla Takedown" rallies at Tesla dealerships nationwide, condemning Musk’s influence in reshaping government policies.

April 5 promises to be a defining moment in the fight for democracy and justice, as citizens unite to voice their opposition to policies they believe undermine the fabric of society.

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