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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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Los Angeles Immigration Raids Shake Small Business Community

Los Angeles is facing a new wave of uncertainty as immigration raids target small business owners, leaving many struggling to stay afloat. The heightened enforcement has sent shockwaves through local communities, with entrepreneurs comparing the impact to the devastation of the COVID-19 pandemic.  

Many business owners—some of whom have operated in the city for decades—now fear for their livelihoods as employees and customers alike grow wary of public spaces. The raids have disrupted daily operations, forcing some establishments to temporarily close or reduce staff. Advocates argue that the enforcement measures disproportionately harm immigrant families, who form the backbone of the city's economy.  

Local officials and community leaders are calling for urgent policy discussions, hoping to find a solution that balances enforcement with the need to protect hardworking business owners. Meanwhile, affected entrepreneurs continue to adapt, finding ways to navigate the uncertainty while keeping their businesses running.  

The future remains uncertain, but one thing is clear: these raids have left a lasting mark on the city’s economy and immigrant workforce.  



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