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5 Things Every Canadian Should Know About Their Money Today

From a rate hold to a sovereign wealth fund — here's what's moving the needle on your finances right now. 01 — DEADLINE Today is the tax filing deadline — and your refund may be a lifeline April 30 is the last day most Canadians can file their 2025 income tax return without penalty. With the cost of living still squeezing household budgets, many Canadians are counting on their refund as a financial cushion. Filing late triggers a 5% penalty on any balance owing, plus 1% for each additional month. If you haven't filed yet, the CRA's NETFILE portal is still open — act before midnight. 02 — INTEREST RATES Bank of Canada holds steady at 2.25% — no relief yet for borrowers The Bank of Canada kept its policy rate at 2.25% yesterday — the third consecutive hold of 2026. Governor Tiff Macklem cited rising inflation driven by higher global energy prices tied to the Middle East conflict, while U.S. tariffs continue to weigh on exports. CPI inflation climbed to 2.4% in Ma...

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Ceasefire Negotiations Between Israel and Hamas to Continue in Qatar


Efforts to establish peace in the ongoing conflict between Israel and Hamas are set to progress, with ceasefire talks anticipated to recommence in Qatar this Sunday. These discussions, facilitated by Egyptian officials, represent a critical juncture as they bring together Israeli and Hamas representatives for the first time since Ramadan began.

The proposed three-stage plan by Hamas outlines a roadmap to halt hostilities. Initially, a six-week ceasefire would involve a prisoner exchange, followed by a permanent ceasefire declaration and, ultimately, the lifting of the blockade on Gaza to allow reconstruction efforts.

Despite the complexity of the situation, with demands for a permanent ceasefire from Hamas and Israel’s objective to “annihilate Hamas,” there is a cautious optimism that these talks could mark a turning point in a conflict that has deeply affected the Gaza region and its inhabitants.

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