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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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Erdogan Pushes for F-35 Breakthrough in White House Talks with Trump

 Trump and Erdogan - both seen as increasingly autocratic by their critics at home - had a checkered relationship during the Republican president's first term.

Turkish President Recep Tayyip Erdogan is set to meet U.S. President Donald Trump at the White House, aiming to revive Turkey’s role in the F-35 fighter jet program. The high-stakes visit marks Erdogan’s first trip to Washington in six years and comes amid renewed efforts to reset U.S.-Turkey relations.

Turkey was expelled from the F-35 program in 2020 after acquiring Russia’s S-400 missile defense system, a move that triggered U.S. sanctions. Ankara, however, has continued to press for access to the advanced jets, noting it had already invested $1.4 billion in the project.

Trump has signaled openness to revisiting the issue, stating he expects the talks to “conclude positively.” Analysts caution that U.S. law still blocks F-35 sales while Turkey retains the S-400s, but both leaders appear eager to explore a path forward.

Beyond defense, the meeting is expected to cover trade, energy, and regional conflicts, with Erdogan positioning Turkey as a key player in Middle Eastern and European security. While tensions remain over Gaza and Ankara’s ties with Moscow, the talks highlight a pragmatic, transactional approach between the two leaders.

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