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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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Unprecedented Drone Assault: Ukraine Targets Moscow

In a dramatic escalation of the ongoing conflict, Ukraine launched its largest drone attack on Moscow to date. The early morning assault involved over 90 drones targeting the Russian capital, leaving a trail of destruction in its wake. Residential buildings were damaged, fires erupted, and air travel was severely disrupted as flights were suspended at major Moscow airports.

Russian officials reported that air defenses intercepted a significant number of drones, but not before the attack claimed at least one life and injured several others. The assault comes at a critical time, as Ukrainian and U.S. delegations prepare for pivotal peace talks in Saudi Arabia.

This unprecedented strike underscores the intensifying nature of the conflict, with both sides employing advanced technologies in their military strategies. The attack has drawn international attention, raising questions about the potential for escalation and the prospects for a peaceful resolution.

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