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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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Trump and Putin: A High-Stakes Call for Peace

In a pivotal moment for international diplomacy, U.S. President Donald Trump is set to hold a phone call with Russian President Vladimir Putin. The conversation, scheduled for today, aims to address the ongoing conflict in Ukraine and explore the possibility of a 30-day ceasefire. This marks the first direct interaction between the two leaders since Ukraine agreed to a U.S.-backed truce proposal last week.

President Trump has expressed optimism about the call, describing it as a chance to "work a peace agreement, a ceasefire, and peace". However, the stakes are high, with both leaders expected to discuss contentious issues, including territorial concessions and control over critical infrastructure. Ukrainian President Volodymyr Zelenskyy has voiced concerns about potential compromises, emphasizing the importance of maintaining Ukraine's sovereignty.

As the world watches, the outcome of this call could set the tone for future U.S.-Russia relations and the broader geopolitical landscape. Whether this test of deal-making strength will yield tangible results remains to be seen.

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