Skip to main content

Featured

5 Money Things Every Canadian Should Know Today — April 24, 2026

                                               5 Money Things Every Canadian Should Know Today — April 24, 2026 URL Slug: canadian-money-brief-april-24-2026 Description: Fuel tax relief at the pumps, oil price shock fears, Canada Post's record loss, TSX jitters, and the tax deadline — your 5-minute money briefing. Labels: Economy , Markets , Personal Finance , Energy , Federal Budget , Taxes , Canada Post Your quick Canadian money briefing — five stories, plain language, no filler. 1. Cheaper Gas — For Now If you filled up this week, you may have noticed a few extra cents in your pocket. Ottawa's temporary federal fuel excise tax suspension kicked in on April 20 and runs through September 7. The result: roughly 10 cents per litre saved on gasoline and 4 cents per litre on diesel . Prime Minister Mark Carney framed it as relief for trucker...
Post a Comment
Read more

article

Labels

Trump's 10% Tariff: A Global Trade Shake-Up

The United States has begun enforcing President Donald Trump's controversial 10% tariff on imports, marking a significant departure from post-World War II trade norms. This "baseline" tariff, effective at U.S. ports and customs warehouses, is the first step in a broader strategy that includes higher levies on goods from major trading partners.

The move has already sent shockwaves through global markets, wiping out $5 trillion in stock value for S&P 500 companies and causing oil and commodity prices to plummet. Countries like Australia, the UK, and Saudi Arabia are among the first to face the new tariff, with even steeper rates set to impact the European Union and China in the coming weeks.

While the White House defends the tariffs as a response to trade imbalances, critics warn of escalating tensions and potential economic fallout. This seismic shift in U.S. trade policy is reshaping global dynamics, leaving nations scrambling to adapt.

Labels:

Comments

Post a Comment