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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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Pope Francis Shows Resilience Amid Health Setback


Pope Francis, 88, is resting and recovering after a recent health setback during his two-week battle with double pneumonia. The Vatican reported that the Pope experienced an isolated bronchial spasm, which caused a sudden worsening of his respiratory condition. Doctors promptly placed him on non-invasive mechanical ventilation after aspirating vomit that had been inhaled during a coughing fit.

Despite the alarming episode, the Pope remains conscious and alert. Encouragingly, he started his day with coffee and the morning newspapers, signaling a return to some normalcy. The Vatican emphasized that his prognosis remains guarded, but there have been no further respiratory crises overnight.

This health challenge comes as Pope Francis continues to inspire millions with his resilience and dedication, even amidst personal health struggles. The global Catholic community remains united in prayer for his swift recovery.

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