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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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Canada Stands Firm on Breast Cancer Screening Guidelines for Women Aged 40 and Older

 


Despite recent expert pushback, Canada remains steadfast in its breast cancer screening guidelines for women aged 40 and older. The Canadian Task Force on Preventive Health Care, in its updated recommendations, maintains that routine mammograms are not recommended for women between the ages of 40 and 49 unless they have pre-existing conditions or higher-than-average risk. Here’s a summary of the key points:

  1. Women Aged 40 to 49 Years:

    • The guideline recommends not screening with mammography for this age group.
    • However, the decision to undergo screening is conditional on the relative value a woman places on possible benefits and harms from screening.
    • Some women in this age range may still wish to be screened based on their values and preferences, and shared decision-making with care providers is encouraged.
  2. Women Aged 50 to 69 Years:

  3. Women Aged 70 to 74 Years:

    • Similar to the previous group, screening with mammography every two to three years is recommended.
    • The decision remains conditional on the relative value a woman assigns to potential benefits and harms.
    • Shared decision-making is crucial for informed choices.

While the guidelines acknowledge that mammography results in a modest reduction in breast cancer mortality for women aged 40 to 74, they emphasize the importance of individual preferences and shared decision-making. It’s essential for women to discuss their options with healthcare providers and make informed choices based on their unique circumstances.

Remember that not every province or territory in Canada offers mammograms through organized programs or self-referral for people in their 40s, so it’s essential to check local resources. Early detection remains critical, and women should stay informed about breast health and screening options.

In summary, Canada’s stance on breast cancer screening reflects a balance between potential benefits and harms, emphasizing personalized decision-making for women across different age groups. While opinions may vary, the guidelines aim to empower women to make informed choices about their health.

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