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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 Strikes: Deadly Stampede in India Due to Overcrowding and Lack of Exits

In a heart-wrenching incident at a religious festival in Northern India, a deadly stampede claimed the lives of at least 121 people. The tragedy unfolded due to a combination of factors, including massive overcrowding, insufficient exits, and treacherous, slippery mud.

Thousands of people had gathered at the event, and as they rushed to leave a makeshift tent, chaos ensued. The lack of proper exits exacerbated the situation, leading to panic and a fatal crush. Emergency responders worked tirelessly to rescue victims and provide medical aid, but the toll was devastating.

Local official Manish Chaudhry confirmed that five more people lost their lives on Wednesday morning, and 28 others remained hospitalized. The scene was one of grief, with family members mourning their loved ones who fell victim to this preventable disaster.

As authorities investigate the incident, questions arise about safety protocols, crowd management, and infrastructure planning. The loss of so many lives underscores the urgent need for better precautions during large gatherings, ensuring that tragedy does not strike again.


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