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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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Ontario’s Math Struggles Spark Provincial Review of Student Testing



Ontario’s latest standardized test results reveal that math achievement remains a serious concern across the province, with many students failing to meet expected benchmarks. The Education Quality and Accountability Office (EQAO) released its 2024–2025 assessment data this week, showing that only 51% of Grade 6 students and 58% of Grade 9 students met the provincial math standard, while Grade 3 students fared slightly better at 64%.

Despite modest improvements compared to previous years, the results underscore a persistent gap in student performance. Education Minister Paul Calandra acknowledged that progress has been too slow, announcing the creation of a two-member advisory body to review Ontario’s approach to standardized testing and curriculum delivery. The review will examine whether current teaching strategies, resources, and assessment methods are effectively supporting student learning.

The EQAO results also highlighted disparities among student groups and school boards, with some communities consistently underperforming. These findings have prompted calls for stronger interventions, including targeted supports for students with special education needs and renewed investments in teacher training.

Parents and educators have expressed concern that the province’s “back-to-basics” curriculum reforms have not yet translated into significant gains. Critics argue that standardized testing alone cannot capture the full picture of student learning, while supporters insist that EQAO assessments provide an essential accountability measure.

The government’s upcoming review aims to balance these perspectives, with the goal of ensuring that Ontario students are better equipped with the math skills needed for future success. As Calandra stated, “More action is needed to support our students and help them succeed.”


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