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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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The Ripple Effect: How Trump's Tariffs Are Reshaping the Global Economy

The global economy is starting to feel the weight of tariffs imposed during Donald Trump's presidency. These trade barriers, aimed at protecting domestic industries, are now causing significant ripple effects across international markets.

The tariffs, initially introduced to boost American manufacturing, have resulted in retaliatory measures from key trading partners. Countries affected by U.S. duties have responded with their own tariffs, leading to disrupted supply chains and increased costs for businesses worldwide. Many industries, from technology to agriculture, are experiencing financial strain as they navigate these new trade hurdles.

For consumers, the impact is also noticeable. Prices on imported goods have risen, forcing households to adjust their spending. Economists warn that prolonged trade tensions could slow global growth, as uncertainty keeps businesses from investing and expanding.

Despite efforts to renegotiate trade deals, the lingering effects of Trump's tariffs remain a challenge. As global markets adapt to these policies, businesses and governments alike must find ways to mitigate their consequences while maintaining economic stability.



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