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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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Escalation in the West Bank: Israel’s Deadliest Raids Since Gaza Conflict

 

In a significant escalation, Israeli forces have launched their deadliest raids in the West Bank since the onset of the Gaza war. The Israeli military reported the killing of five militants, including a local commander, in the occupied territory. This operation, which took place in the city of Jenin, marks the most intense military action in the West Bank in recent years.

The raids have resulted in a total of 16 fatalities over the past two days, making it the deadliest Israeli operation in the West Bank since the conflict with Hamas began. The ongoing violence has raised concerns among international officials, who fear that the conflict could extend further from Gaza into the West Bank.

The United Nations has urged Israel to halt its operations to prevent further escalation and potential extension of the war. Despite these calls, the situation remains tense, with both sides bracing for further confrontations.


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