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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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Trump's Second Inauguration: A New Era for American Institutions

 

Donald Trump is set to be sworn in as the 47th President of the United States today, marking a historic return to the Oval Office. This inauguration, held indoors at the U.S. Capitol Rotunda due to extreme cold, will see Trump take the oath of office administered by Chief Justice John Roberts.

Trump's second term is anticipated to bring significant changes to American institutions. In his inaugural address, Trump is expected to promise a "thrilling new era" for the nation, emphasizing a wave of executive actions aimed at reshaping policies on immigration, energy, and federal government operations. The ceremony will feature performances by country music star Carrie Underwood and opera singer Christopher Macchio.

The inauguration will be attended by former presidents, world leaders, and influential tech billionaires, highlighting the global interest in Trump's return to power. As Trump begins his second term, the nation watches closely to see how his leadership will impact the future of American governance.

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