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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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Renewed Conflict in Gaza: Over 85 Lives Lost in Israeli Strikes

In a tragic escalation of violence, Israeli airstrikes across Gaza have claimed the lives of at least 85 Palestinians, according to local health authorities. The strikes targeted multiple homes, leaving behind devastation and grief. This renewed assault follows the breakdown of a ceasefire that had provided a brief respite to the region.

The strikes, which occurred overnight, have drawn widespread condemnation and raised concerns about the safety of civilians in the densely populated area. Reports indicate that many of the victims were women and children, highlighting the human cost of the ongoing conflict.

The Israeli military has stated that its operations are aimed at targeting militants, but the high civilian toll has sparked international outcry. Meanwhile, Palestinian groups have reportedly launched retaliatory attacks, further intensifying the situation.

This tragic development underscores the urgent need for renewed diplomatic efforts to bring an end to the violence and address the underlying issues fueling the conflict. The international community is closely monitoring the situation, with calls for immediate action to prevent further loss of life.

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