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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 Vows Severe Response Against Iran Amid Escalating Tensions

 

Two F/A-18 Super Hornets launch from the flight deck of the US Navy Nimitz-class aircraft carrier USS Abraham Lincoln in support of the Operation Epic Fury attack on Iran.


U.S. President Donald Trump declared on Saturday that Iran would be “hit very hard,” signaling a potential expansion of military targets as regional conflict intensifies. In a post on Truth Social, Trump said he was considering widening the areas and groups “under serious consideration for complete destruction and certain death,” citing what he called Iran’s continued “bad behavior.” 

Trump also claimed that Iran had apologized to its Middle Eastern neighbors for recent strikes—an action he framed as a surrender—though he provided no additional details. The warning comes as U.S. and Israeli operations against Iran enter a heightened phase, with American bombers arriving in the U.K. in preparation for possible missions “within the next few days.”

The situation remains fluid as both sides exchange threats, and global leaders watch closely for signs of further escalation.

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