Federal Finances: Ottawa posted a $55.28B deficit for 2025-26, up from $43.15B a year earlier, with revenue at $500.02B and program expenses rising, according to the monthly fiscal monitor. Economic Outlook: Statistics Canada says GDP contracted 0.1% annualized in Q1—two straight quarters of annualized decline—amid tariff uncertainty and weaker investment and spending. Public Health & Regulation: Health Canada is moving to reduce red tape and speed access by aligning biosimilar requirements with international regulators, as part of a broader regulatory modernization push. Cost of Living & Industry: EV rebate claims have topped $122M since February, but many dealers say they’re still waiting for Ottawa to reimburse them. Defence & Procurement: Canada’s defence industrial push continues as Canadian Manufacturers & Exporters launches a national roundtable series on defence opportunities for manufacturers. Justice & Safety: A Canadian man, Kenneth Law, pleaded guilty in Ontario to assisting suicide, admitting he sent lethal “suicide packets” to people in dozens of countries, including the UK. Local Governance: Ontario’s “blue licence plate” court fight is back in the spotlight after documents were released, with critics accusing the Ford government of secrecy-by-default.