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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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Nine-Month Odyssey: NASA Astronauts Return to Earth

NASA astronauts Butch Wilmore and Suni Williams, along with two other crew members, have safely returned to Earth after an extended nine-month mission aboard the International Space Station (ISS). Originally planned as an eight-day test mission, their stay was prolonged due to technical issues with the Boeing Starliner spacecraft.

The astronauts made their journey back aboard SpaceX's Crew Dragon capsule, which undocked from the ISS early Tuesday morning. After a 17-hour trip, the capsule re-entered Earth's atmosphere and splashed down off the coast of Florida under clear skies. The descent was slowed by two sets of parachutes, ensuring a smooth landing.

This mission highlighted NASA's contingency planning and the resilience of its astronauts. Wilmore and Williams, both veteran astronauts and retired U.S. Navy test pilots, faced months of uncertainty before their return. Their homecoming marks the end of a challenging yet historic chapter in space exploration.

The crew will now undergo health checks at NASA's Johnson Space Center in Houston before reuniting with their families. Their extended mission underscores the unpredictable nature of space travel and the importance of adaptability in overcoming challenges.

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