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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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U.S. Launches Strategic Airstrikes on Houthi Strongholds in Yemen

The United States has conducted a series of airstrikes targeting Houthi strongholds in Yemen, including Saada province and the Red Sea port city of Hodeidah. These areas are believed to house key Houthi leaders and serve as critical military hubs. According to reports, over ten strikes were carried out, focusing on locations such as the Al-Safra district in Saada, which is known for its weapons storage and training facilities.

The strikes come amidst escalating tensions in the region, with the Iran-aligned Houthis resuming attacks on international shipping lanes in the Red Sea. The group has also claimed responsibility for targeting U.S. naval assets and Israeli air bases, although these claims remain unverified.

The U.S. has emphasized its commitment to countering threats in the region, warning of severe consequences for continued Houthi aggression. This development marks a significant escalation in the ongoing conflict, with both sides vowing to intensify their actions.


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