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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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Turkish Protests Persist Amid Erdogan's Dismissal of Demonstrations


Turkey is witnessing its largest wave of protests in over a decade following the arrest of Istanbul Mayor Ekrem Imamoglu, a prominent political rival of President Recep Tayyip Erdogan. The demonstrations, which began last week, have drawn hundreds of thousands of participants across the country, demanding justice and democracy. Despite a government ban on gatherings, the protests have largely remained peaceful, though clashes with police have occurred during late hours.

President Erdogan has dismissed the protests as a "show" and accused opposition parties of inciting unrest. However, protesters remain resolute, with many vowing to continue their demonstrations until their demands are met. The situation has drawn international attention, raising concerns about the state of democracy and political freedoms in Turkey.

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