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5 Things to Know Today: The Money News Shaping Your Week

5 Things to Know Today: The Money News Shaping Your Week 1. Canada’s Economy Grew Faster Than Expected Canada’s economy expanded at an annualized 2.6% in Q4, driven by stronger household spending, exports, and business investment. 2. Manitoba Fast‑Tracks Major Infrastructure Projects A new federal‑provincial agreement introduces a “one project, one review” system to accelerate ports, highways, and energy corridors. 3. Job Market Shows a Small but Positive Uptick Canada added 14,000 jobs in March, with wages rising 4.7% — a key factor ahead of the Bank of Canada’s April 29 rate decision. 4. Oil Markets Remain Volatile After Hormuz Reopening Iran has reopened the Strait of Hormuz, but analysts warn global oil markets may take time to stabilize. 5. Canadians Face Rising Affordability Pressures More Canadians are turning to budgeting tools as inflation, energy costs, and housing pressures persist.

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Tragedy in Gaza: Israeli Strikes Claim Dozens of Lives, Including Families Seeking Shelter

Israeli airstrikes in Gaza have resulted in the deaths of at least 52 people, including 36 individuals who were sheltering in a school. The attack, which occurred while civilians were asleep, ignited their belongings and left dozens wounded. 

The Israeli military stated that the strike targeted a militant command center operating within the school, claiming that Hamas and Islamic Jihad were using the site for intelligence gathering. However, the devastating impact on civilians has intensified concerns over the humanitarian crisis in Gaza, where vast areas have been destroyed and nearly 90% of the population has been displaced. 

International aid organizations have warned of famine as Israel has restricted the flow of essential supplies into Gaza for months. While some aid has recently been allowed in, humanitarian groups argue that it is insufficient to meet the growing needs of the population. 

The ongoing conflict, which reignited in March following the collapse of a ceasefire, has led to widespread devastation, with thousands of lives lost and families torn apart. As the violence continues, calls for an immediate resolution and increased humanitarian assistance grow louder.

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