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5 Things to Know Today: The Money News Shaping Your Week

5 Things to Know Today: The Money News Shaping Your Week 1. Canada’s Economy Grew Faster Than Expected Canada’s economy expanded at an annualized 2.6% in Q4, driven by stronger household spending, exports, and business investment. 2. Manitoba Fast‑Tracks Major Infrastructure Projects A new federal‑provincial agreement introduces a “one project, one review” system to accelerate ports, highways, and energy corridors. 3. Job Market Shows a Small but Positive Uptick Canada added 14,000 jobs in March, with wages rising 4.7% — a key factor ahead of the Bank of Canada’s April 29 rate decision. 4. Oil Markets Remain Volatile After Hormuz Reopening Iran has reopened the Strait of Hormuz, but analysts warn global oil markets may take time to stabilize. 5. Canadians Face Rising Affordability Pressures More Canadians are turning to budgeting tools as inflation, energy costs, and housing pressures persist.
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Ontario Braces for Brutal Cold: Coldest Temperatures of the Year Arrive


Ontario is experiencing a dramatic temperature drop as the coldest air of the year sweeps across the province. After a brief warm-up on Saturday, temperatures are expected to plummet by as much as 20-24°C within 18-24 hours. The Arctic air mass will bring frigid conditions, with some areas seeing temperatures drop to -28°C by Monday.

Residents are advised to bundle up and limit outdoor exposure to avoid frostbite and hypothermia. Travelers should be cautious of icy roads and potential snowfall, especially around Lake Huron. The cold snap is expected to last until Wednesday, with lake-effect snow likely to continue throughout the week.



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