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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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Putin Asserts Russia’s Capability to Conclude Ukraine Conflict


Russian President Vladimir Putin has declared that Russia possesses the necessary strength and resources to bring the ongoing war in Ukraine to its desired conclusion. In a recent interview, Putin emphasized that while Russia has the means to achieve its objectives, he hopes that nuclear weapons will not be required.

The conflict, which began in February 2022, has resulted in significant casualties and geopolitical tensions. Western leaders, including former U.S. President Joe Biden, have condemned the invasion as an imperial-style land grab, while Putin has framed it as a pivotal moment in Russia’s relations with the West. The Kremlin has maintained that the war is a response to NATO’s expansion and Western interference in Moscow’s sphere of influence.

Despite ongoing diplomatic efforts, including U.S. President Donald Trump’s push for a resolution, the Kremlin has indicated that a swift peace deal remains unlikely due to the complexity of the situation. As the war continues, global leaders remain divided on the path forward, with concerns about escalation and the broader implications for international stability.

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