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5 Things Every Canadian Should Know About Their Money Today

Published: April 26, 2026 · moneysavings.ca/canadian-money-brief The week is shaping up to be a busy one for Canadian wallets. From a federal budget update to record household debt, here are the five things you need to know today. 1. The Spring Economic Update Lands Monday Finance Minister François-Philippe Champagne is set to table the Spring Economic Update 2026 on April 28 — just two days away. The government has promised to outline its plan to build "the strongest economy in the G7," with further actions to drive prosperity and support Canadians. Whether that means tax relief, new spending, or trade-war cushions, Canadians should pay close attention: what gets announced Monday could directly affect your tax bill, your mortgage rate outlook, and government benefit amounts. What to watch for: any changes to the GST/HST credit, housing incentives, or tariff-offset support for workers. 2. Your Household Debt Is Still Climbing Statistics Canada's latest data pa...
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Torrential Downpour Disrupts Life on Greek Islands

Severe rainstorms wreaked havoc on the Greek islands of Mykonos and Paros, leading to the closure of schools and kindergartens. The torrential rain, accompanied by hailstorms, caused significant flooding, turning roads into rivers and stranding vehicles. Authorities in Paros reported extensive damage to infrastructure, with Mayor Costas Bizas describing the devastation as occurring within just two hours. Emergency crews worked tirelessly to clear debris and rescue stranded residents.

The extreme weather also impacted nearby islands, prompting civil protection authorities to issue warnings and enforce safety measures. Scientists attribute the increasing frequency of such events to climate change and rising global temperatures. 

The islands, known for their idyllic summer tourism, now face the challenge of recovery and rebuilding.

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