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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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Russia's Diplomatic Dance: Lavrov Lauds Trump, Criticizes Europe

In a recent statement, Russian Foreign Minister Sergei Lavrov praised former U.S. President Donald Trump for his "pragmatic" approach to ending the Ukraine conflict. Lavrov highlighted Trump's "common sense" and his willingness to shift U.S. foreign policy dynamics, contrasting it with Europe's stance, which he described as perpetuating global conflicts over centuries.

Lavrov accused European nations of being the "crucible of all the tragedies of the world," citing historical events like colonization, the Napoleonic Wars, and World Wars I and II. He criticized European leaders for their continued support of Ukraine, suggesting that their actions prolong the conflict rather than seek resolution.

The remarks come amidst ongoing tensions between Russia and the West, with the Ukraine war remaining a focal point of international diplomacy. Lavrov's comments underscore Russia's strategic narrative, positioning itself as a counterbalance to what it perceives as Western decadence and aggression.

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