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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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FBI Probe Rocks NBA: Billups and Rozier Among Dozens Arrested

                                            Portland Trail Blazers Head Coach Chauncey Billups


The NBA was jolted Thursday as Portland Trail Blazers head coach Chauncey Billups and Miami Heat guard Terry Rozier were arrested in connection with a sweeping federal gambling investigation.

According to the FBI, more than 30 individuals — including former NBA player Damon Jones — were charged in two separate but related cases. Authorities allege that Rozier was involved in leaking non-public information for betting purposes, while Billups was tied to an illegal poker operation linked to organized crime families.

The probe, which officials say spanned years and generated tens of millions of dollars in illicit profits, has sent shockwaves through the league. NBA Commissioner Adam Silver said the league is “fully cooperating with federal authorities” and emphasized that integrity of the game remains paramount.

Both Billups and Rozier are expected to appear in federal court later this week. If convicted, they could face significant fines and prison sentences.

The scandal marks one of the most serious integrity crises in NBA history, raising urgent questions about gambling’s growing influence on professional sports.

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