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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 Vision for a 'Dominant' Civilization: A Bold Address to Congress

In a recent address to Congress, President Donald Trump outlined his ambitious vision for a "dominant" civilization, taking aim at neighboring countries Canada and Mexico. This speech marked his first major address since returning to the White House for a second term.

Trump's speech was characterized by his signature rhetoric, emphasizing the need for swift and unrelenting action to usher in what he described as the "golden age of America". He highlighted his administration's accomplishments in the first 43 days, claiming they had achieved more than most administrations do in four or eight years.

The President's remarks included a strong focus on trade wars with Canada and Mexico, defending his efforts to reshape the American government in collaboration with Elon Musk. He also faced vocal opposition from Democrats, with one member being removed from the chamber during the speech.

Trump's address set a record for the longest speech to a joint session of Congress, lasting over an hour and 40 minutes. Despite the controversy and opposition, he remained steadfast in his vision for America's future, promising a comeback the likes of which the world has never witnessed.



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