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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 Hails Hostage Release as Israel Marks Fragile Gaza Ceasefire

                        Relatives and friends of the hostages at "Hostages Square" awaiting their expected return.


A fragile ceasefire between Israel and Hamas entered a critical phase as all 20 living Israeli hostages were released from Gaza, sparking emotional celebrations across the country. The release came as part of a U.S.-brokered deal that also includes the freeing of nearly 2,000 Palestinian prisoners, underscoring the delicate balance of the agreement.

President Donald Trump arrived in Israel to a hero’s welcome, greeted by Prime Minister Benjamin Netanyahu at Ben Gurion Airport. Trump declared the war “effectively over” and is expected to meet with the families of freed hostages before addressing the Israeli parliament. He will later travel to Egypt for a regional peace summit aimed at solidifying the truce.

In Tel Aviv’s Hostage Square, thousands gathered to cheer, sing, and chant as giant screens broadcast the return of the captives. While the release has been hailed as a breakthrough, Israeli officials cautioned that the remains of 28 slain hostages remain in Gaza, a stark reminder of the conflict’s toll.

The ceasefire, now in its fourth day, has raised cautious hopes for a broader peace, though both sides remain wary. For many Israelis, however, the sight of families reunited offered a rare moment of relief after two years of war.


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