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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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Canada Post Strike Eases as Union Shifts to Rotating Walkouts

Striking Canada Post workers picket outside a Burnaby, B.C., delivery depot late last month. The Canadian Union of Postal Workers (CUPW) announced late Thursday on its website that starting Saturday, Oct. 11, it will move from a nationwide strike action to rotating strikes.

Mail and parcel delivery in Canada is set to gradually resume after weeks of disruption, as the Canadian Union of Postal Workers (CUPW) announced it will scale back its nationwide strike to rotating walkouts beginning Saturday morning.

The union, which represents roughly 55,000 Canada Post employees, confirmed the move late Thursday, saying the change will “start mail and parcels moving” while maintaining pressure in ongoing contract negotiations. CUPW president Jan Simpson emphasized that the union remains committed to securing “good collective agreements and a strong public postal service”.

The nationwide strike, which began in late September, had brought nearly all mail and parcel delivery to a halt. It was triggered by federal government plans to restructure the Crown corporation, including ending door-to-door delivery for most households and granting Canada Post more autonomy in its operations. The union has strongly opposed these measures, warning they could slash jobs and weaken public service.

While Canadians may soon see mail moving again, it remains unclear how quickly delivery will return to normal. CUPW leaders are scheduled to meet again with Government Transformation Minister Joël Lightbound next week as negotiations continue.


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