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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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UN Warns Gaza Food Relief Still Faces Major Hurdles

 

Palestinians gather to receive food from a charity kitchen amid a ceasefire between Israel and Hamas, in Khan Younis in the southern Gaza Strip.


The United Nations reports that food supplies in Gaza have shown signs of improvement since the recent truce, but the situation remains far from stable. Aid deliveries have increased, allowing more families to access basic staples such as flour, rice, and canned goods. However, humanitarian officials caution that the current flow of aid is insufficient to meet the needs of the population, with many communities still struggling to secure consistent meals.

The UN emphasizes that while the truce has opened vital humanitarian corridors, logistical challenges, damaged infrastructure, and limited distribution capacity continue to hinder relief efforts. Officials stress that sustained access and expanded aid operations are essential to prevent further deterioration of food se

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