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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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Gaza Ceasefire Deal Reached: Hostages to be Freed Amidst Ongoing Negotiations


In a significant breakthrough, officials have announced a ceasefire deal to end 15 months of fighting in the Gaza Strip. The agreement, brokered by the United States, Qatar, and Egypt, includes the release of dozens of hostages held in Gaza and Palestinian prisoners in Israeli jails. This marks the first real break in violence since a weeklong truce expired in December 2023.

However, Israeli Prime Minister Benjamin Netanyahu has stated that several unresolved clauses remain, and the details are still being finalized. Netanyahu emphasized that the deal must receive approval from his security Cabinet and the full Cabinet before it can be implemented.

The ceasefire deal is set to bring much-needed relief to civilians in Gaza, who have endured a brutal winter amid ongoing conflict. The agreement will also allow displaced Palestinians to return to their homes and facilitate the transfer of humanitarian aid to the region.

While the news has been met with celebration, it is also bittersweet for families of those who have lost loved ones. The release of hostages is a step towards peace, but the journey to fully resolve the conflict continues.



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