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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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Strengthening Alliances: Kim Jong Un's Rare Visit to Russian Embassy

In a significant diplomatic gesture, North Korean leader Kim Jong Un made a rare visit to the Russian embassy in Pyongyang, accompanied by his daughter, to commemorate Russia's Victory Day. The visit underscores the deepening ties between North Korea and Russia, as both nations navigate economic and political isolation on the global stage.

During the event, Kim reaffirmed North Korea's commitment to strengthening its relationship with Russia, emphasizing the "long tradition" and "invincible alliance" between the two countries. The visit comes amid reports of North Korea's military support for Russia in its ongoing conflict with Ukraine, including the deployment of thousands of troops and significant artillery supplies.

The diplomatic engagement highlights the evolving geopolitical landscape, with Pyongyang and Moscow increasingly aligning their interests. As Russia marks the 80th anniversary of its victory over Nazi Germany, the presence of North Korean officials at the embassy signals a continued partnership that could shape future regional dynamics.

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