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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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Unprecedented Drone Assault: Ukraine Targets Moscow

In a dramatic escalation of the ongoing conflict, Ukraine launched its largest drone attack on Moscow to date. The early morning assault involved over 90 drones targeting the Russian capital, leaving a trail of destruction in its wake. Residential buildings were damaged, fires erupted, and air travel was severely disrupted as flights were suspended at major Moscow airports.

Russian officials reported that air defenses intercepted a significant number of drones, but not before the attack claimed at least one life and injured several others. The assault comes at a critical time, as Ukrainian and U.S. delegations prepare for pivotal peace talks in Saudi Arabia.

This unprecedented strike underscores the intensifying nature of the conflict, with both sides employing advanced technologies in their military strategies. The attack has drawn international attention, raising questions about the potential for escalation and the prospects for a peaceful resolution.

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