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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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Tragedy in Gaza: Civilians Face Devastating Losses Amid Conflict


In a deeply troubling escalation of violence, Israeli airstrikes have reportedly killed at least 100 Palestinians in Gaza, including 27 individuals who were seeking refuge in a school. Palestinian health officials have described the situation as catastrophic, with civilian casualties mounting as the strikes continue. 

The targeted school had been serving as a shelter for displaced families, highlighting the vulnerability of those caught in the crossfire. Witnesses and local authorities have expressed shock and grief over the loss of life, particularly among women and children. 

This incident underscores the urgent need for international intervention and humanitarian aid to address the growing crisis in Gaza. As the conflict intensifies, the global community faces mounting pressure to advocate for peace and protect innocent lives.

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