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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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RCMP Investigates Allegations of Corruption in Alberta Health Contracts

The Royal Canadian Mounted Police (RCMP) has initiated a formal investigation into allegations of corruption and political interference within Alberta Health Services (AHS). The probe follows a complaint received in February, which raised concerns about procurement practices and potential conflicts of interest in multimillion-dollar health contracts.

The allegations were brought to light by Athana Mentzelopoulos, the former CEO of AHS, who filed a wrongful dismissal lawsuit against the agency and the provincial government. Mentzelopoulos claims she was terminated after launching an internal investigation into inflated contract prices and questionable dealings with private surgical providers. She also alleged political pressure to approve contracts despite unresolved concerns.

The RCMP's investigation adds to ongoing reviews by Alberta's auditor general and a third-party inquiry led by former Manitoba judge Raymond E. Wyant. While the allegations remain unproven in court, the case has sparked widespread calls for transparency and accountability in the province's healthcare system.

Health Minister Adriana LaGrange and Premier Danielle Smith, both named in the lawsuit, have denied any wrongdoing. The government has pledged full cooperation with the RCMP's investigation.


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