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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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Tragedy on the Field: Israel Vows Retaliation Against Hezbollah After Deadly Rocket Attack

 

In a tragic turn of events, Israel has vowed to strike hard against Hezbollah after a rocket attack killed 12 children and teenagers on a football field in the Israeli-occupied Golan Heights. The attack, which occurred on Saturday evening in the Druze village of Majdal Shams, has been described as the deadliest in the region since the conflict with Hamas escalated last October.

Israeli Prime Minister Benjamin Netanyahu, who cut short his visit to the United States, is expected to convene his security cabinet to discuss the nation’s response. “We will hit the enemy hard,” stated Defense Minister Yoav Gallant during his visit to the site of the attack.

Hezbollah, while admitting to firing rockets at Israeli military sites, has denied any involvement in the attack on the football field. However, Israeli authorities have placed the blame squarely on the Iran-backed group, citing forensic evidence that the rocket was an Iranian-made Falaq-1.

The United States has condemned the attack, reaffirming its support for Israel’s security and urging efforts to de-escalate the conflict. Meanwhile, families in Majdal Shams are mourning the loss of their loved ones, with funeral ceremonies held amidst calls for justice and peace.

This incident threatens to further escalate tensions in the region, with both sides urged to exercise maximum restraint to avoid a wider conflict.


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