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5 Things to Know Today — June 21, 2026

  Whether you're starting your week or wrapping up your weekend, here are the five Canadian money stories shaping your financial picture right now. 1 Canada Is Technically in a Recession — And the Political Fight Is On Canada's GDP contracted 0.1% on an annualized basis in Q1 2026, following a 1% decline in Q4 2025 — two consecutive quarters of negative growth that meet the textbook definition of a technical recession. Prime Minister Mark Carney has called it a "settling-in period" tied to his government's restructuring of the economy in response to the U.S. trade war. Conservative Leader Pierre Poilievre has been relentless in his counter-offensive, pointing to rising insolvencies, job losses and food bank usage as proof that the downturn is real, not technical. Many economists, including BMO's chief economist Douglas Porter, have noted that a future revision to Statistics Canada's data could erase the slim 0.1% contraction — meaning this may not ultimate...
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From Coding to Canonization: Carlo Acutis, the First Millennial Saint

Carlo Acutis, a British-born Italian teenager, is set to become the Catholic Church’s first millennial saint. Known for his deep faith and remarkable tech skills, Acutis used his passion for computers to spread religious teachings, creating a website documenting Eucharistic miracles worldwide. His devotion to faith and service made him a beacon of inspiration for young Catholics.

Born in London in 1991 and raised in Milan, Acutis was drawn to Catholicism from an early age. He attended daily Mass, prayed the rosary, and dedicated himself to helping the less fortunate. Tragically, he passed away from leukemia at just 15 years old in 2006. His legacy, however, continued to grow, with reports of miraculous healings attributed to his intercession.

The Vatican recognized two miracles linked to Acutis, paving the way for his canonization. His official sainthood will be declared in a ceremony at St. Peter’s Square on April 27, 2025, marking a historic moment for the Church. His story resonates deeply with modern believers, proving that faith and technology can coexist in meaningful ways.


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