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5 Things to Know Today: Your Canadian Money Brief

  Wednesday, April 29, 2026 | moneysavings.ca/canadian-money-brief 1. The Bank of Canada Is Watching — And So Should You Markets are closely parsing every signal from the Bank of Canada ahead of its next rate announcement. With inflation holding stubbornly above target in key categories like shelter and groceries, economists are split on whether another cut is on the table or a longer hold is in store. If you're carrying variable-rate debt or sitting on a GIC renewal, now is the time to model both scenarios. What to do: Don't lock into a long-term rate product until after the next announcement. A few days of patience could save you thousands. 2. Spring Housing Market: More Listings, Less Panic After years of near-empty inventory, more Canadian sellers are finally listing — particularly in the Greater Toronto Area and Greater Vancouver. The uptick in supply is giving buyers breathing room they haven't seen since pre-pandemic times. That said, prices haven't mean...
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A Historic Moment: The Philippines Awaits a Possible Filipino Pope

As the papal conclave unfolds in Vatican City, the Philippines is watching with keen anticipation. With three Filipino cardinals—Luis Antonio Tagle, Jose Advincula, and Pablo Virgilio David—eligible to vote and be voted for, the possibility of a Filipino pope has never been more tangible.

Among the contenders, Cardinal Luis Antonio Tagle has emerged as a strong candidate. Often referred to as the "Asian Francis," Tagle has won admiration for his progressive approach and humble demeanor. His potential election would mark a historic moment, making him the first Filipino and Asian pope.

The conclave, a centuries-old tradition, remains shrouded in secrecy. Cardinals cast their votes in the Sistine Chapel, with black smoke signaling an inconclusive vote and white smoke announcing the election of a new pontiff. As the world waits, Filipinos are hopeful that one of their own may soon lead the Catholic Church.


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