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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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North Korea's Military Alliance with Russia: A New Chapter in Global Dynamics

In a historic move, North Korea has confirmed the deployment of troops to Russia to support its war efforts in Ukraine. This marks the first time Pyongyang has openly acknowledged its military involvement in the conflict. Under the directive of leader Kim Jong Un, North Korean forces played a pivotal role in aiding Russia to reclaim the Kursk region, a territory previously occupied by Ukrainian forces.

The North Korean state media described the operation as a testament to the "firm militant friendship" between the two nations. The deployment was carried out under a strategic partnership treaty signed between Kim Jong Un and Russian President Vladimir Putin last year. This alliance has not only strengthened military ties but also brought the two politically isolated nations closer.

Russian President Vladimir Putin expressed his gratitude, hailing the North Korean troops as "heroes" who fought alongside their Russian counterparts. Meanwhile, the international community has raised concerns over the implications of this alliance, with some nations condemning the move as a provocation to global security.

This development underscores the shifting alliances and complexities in the ongoing conflict, adding a new layer of geopolitical tension.

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