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5 Things to Know Today About Your Money — May 12, 2026

  A lot is happening in the Canadian money world right now. From a new sovereign wealth fund you can actually invest in, to lower payroll costs coming your way, here are the five things every Canadian should know about their money today. 1. The Bank of Canada Is Holding Rates — For Now On April 29, 2026 , the Bank of Canada held its overnight rate at 2.25% (Bank Rate: 2.50%, deposit rate: 2.20%). Governor Tiff Macklem has flagged that the economy is growing at a moderate pace as it adjusts to U.S. tariffs, but inflation — now around 2.4% — is edging up due to higher oil prices tied to the ongoing Middle East conflict. The Bank projects 1.2% economic growth for 2026, picking up to 1.6% in 2027. What it means for you: Variable-rate mortgage and line-of-credit holders get a brief reprieve — but watch oil prices. If inflation keeps rising, a rate hike could follow. 2. Your CPP Contributions Are Getting a Cut in 2027 The 2026 Spring Economic Update proposes to reduce the base CPP con...
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Measles Prevention: A Vital Shield for You and Your Loved Ones

                                  Measles

Measles, a highly contagious infectious disease caused by the measles virus, poses a significant threat to public health. As cases surge globally, including in countries with ready access to vaccines, understanding how to protect yourself and your family is crucial. Let’s delve into the essentials:

  1. Vaccination: The measles, mumps, and rubella (MMR) vaccine is your strongest defense. Here’s what you need to know:

    • First Dose: One MMR vaccine provides approximately 93% protection against measles.
    • Booster Dose: A second booster dose, recommended since 1990, enhances the vaccine’s effectiveness to over 97%.

  2. Immediate Action:

    • Travelers: If you’re planning international travel, ensure you and your family are vaccinated with the MMR vaccine. Prevention begins before departure.
    • Exposure Alert: If you suspect exposure to measles, act promptly. Call your doctor immediately if you or your child have been in contact with an infected person.

  3. Understanding Measles:

    • Transmission: Measles spreads through direct contact with infectious droplets or airborne particles from an infected person.
    • Symptoms: Look out for fever, cough, runny nose, and a characteristic red rash that starts on the face and spreads.
    • Complications: Measles can lead to severe complications, including pneumonia and encephalitis.

Remember, measles is preventable. By getting vaccinated and staying informed, we contribute to a healthier community. Let’s shield ourselves against this preventable disease.

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