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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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Macron Reinstates Lecornu as Prime Minister Amid Political Deadlock

 

                                            Emmanuel Macron and Sebatien Lecornu                

French President Emmanuel Macron has reappointed Sébastien Lecornu as prime minister, just days after accepting his resignation, in a dramatic bid to end France’s ongoing political crisis.

Lecornu, who initially stepped down after less than a month in office due to fierce criticism of his newly formed cabinet, agreed to return to the role “out of duty.” He pledged to focus on delivering a national budget by the end of the year and addressing the daily concerns of French citizens.

The surprise move highlights the deep political paralysis gripping France. Macron’s government has struggled to secure a majority in the National Assembly, making it nearly impossible to pass legislation without opposition support. The reappointment is widely seen as a last-ditch effort to stabilize Macron’s second term, which runs until 2027.

While allies within Macron’s Renaissance party welcomed Lecornu’s return as a step toward stability, opposition leaders sharply criticized the decision, warning it could prolong the political stalemate rather than resolve it.

For now, all eyes are on Lecornu as he attempts to rebuild his cabinet and steer France out of its political gridlock.


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