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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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Israeli Army Orders Evacuation of Gaza City Suburb, Triggering Mass Displacement

 


The Israeli military has issued evacuation orders for a suburb of Gaza City, prompting thousands of residents to flee their homes amid fears of intensified military operations. The order, delivered via leaflets and loudspeaker announcements, directed residents to move south, citing the need to target Hamas infrastructure in the area.

The evacuation adds to the humanitarian crisis in Gaza, where over a million people have already been displaced since the conflict began. Families are scrambling to find shelter in overcrowded areas as food, water, and medical supplies run dangerously low.

“This is a nightmare. We don’t know where to go, and there’s no safe place,” said a resident forced to leave his home.

The Israeli Defense Forces (IDF) maintain that the evacuation is necessary to minimize civilian casualties during their military operations. However, international organizations have criticized the move, warning that it exacerbates the dire humanitarian situation in Gaza and places additional strain on relief efforts.

As calls for a cease-fire grow louder, the mass displacement highlights the urgency of finding a resolution to the escalating conflict.



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