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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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Trump Accuses Obama of Treason Amid Renewed Russia Probe Allegations

In a dramatic escalation of political rhetoric, President Donald Trump has accused former President Barack Obama of "treason" over the 2016 Russia election interference investigation. Speaking from the Oval Office, Trump claimed—without presenting evidence—that Obama led a conspiracy to falsely link him to Russian operatives in an effort to sabotage his presidential campaign.

Trump's remarks were prompted by recent comments from his intelligence chief, Tulsi Gabbard, who declassified documents she claims reveal a “treasonous conspiracy” by top Obama-era officials. Gabbard has threatened to refer those officials to the Justice Department for prosecution.

Obama’s spokesperson swiftly dismissed the allegations as “bizarre” and “a weak attempt at distraction,” emphasizing that multiple bipartisan investigations have affirmed Russia’s efforts to influence the 2016 election but found no evidence of vote manipulation or wrongdoing by Obama.

The accusations come as Trump faces mounting pressure from his conservative base to release more information about the Jeffrey Epstein case. Critics suggest the treason claims may be a strategic diversion from that controversy.

This latest attack marks a new low in Trump’s long-standing feud with Obama, reviving grievances from his first term and intensifying partisan tensions as the political landscape braces for further fallout.

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