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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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Diplomatic Crossroads: Iran and U.S. Engage in Critical Nuclear Talks in Oman

Iran and the United States recently convened in Oman for hours of expert-level discussions aimed at addressing Tehran's rapidly advancing nuclear program. The talks, held in Muscat, the capital of Oman, focused on Iran's uranium enrichment activities and the potential for a new agreement to limit its nuclear capabilities. Both sides exchanged detailed proposals and engaged in serious negotiations, signaling a willingness to explore diplomatic solutions.

The discussions come at a time of heightened tensions in the Middle East, with Iran's nuclear advancements raising concerns globally. The U.S. delegation emphasized the importance of curbing Iran's nuclear ambitions, while Iranian officials reiterated their stance on maintaining certain levels of enrichment for peaceful purposes. Mediated by Omani officials, the talks represent a critical step in navigating decades of strained relations between the two nations.

While no immediate breakthroughs were reported, both parties expressed optimism about continuing negotiations. The outcome of these talks could have significant implications for regional stability and international security. As the world watches closely, the hope remains that diplomacy will prevail over conflict. 



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