Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Crete Earthquake: Greek Fire Brigade on High Alert After 6.1 Magnitude Tremor

 

Emergency services in Greece are on high alert after a 6.1 magnitude earthquake struck off the coast of Crete early Thursday morning. The tremor, which occurred 79 kilometers off the city of Heraklion, was felt across Turkey and Israel, causing concern among residents and tourists.

Despite the intensity of the quake, no immediate reports of injuries or serious property damage have been received, according to the Greek fire brigade. Authorities remain vigilant, monitoring the situation closely as Greece is one of Europe's most earthquake-prone regions.

The seismic event comes amid heightened concerns over increased earthquake activity in the region. Earlier this year, the island of Santorini experienced a series of tremors that led to evacuations and temporary school closures.

Local officials have urged residents to stay informed and follow safety protocols while emergency response teams remain on standby. As the summer season begins, tourists and locals alike are advised to remain cautious and prepared for potential aftershocks.



Labels:

Comments

Post a Comment