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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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Escalation in Gaza: Hospital Targeted Amid Intensified Strikes

On Palm Sunday, a day of religious significance for Christians worldwide, Israel intensified its military operations across Gaza, targeting key locations, including a hospital in the northern part of the territory. The Al-Ahli Arab Baptist Hospital in Gaza City was struck early Sunday morning, following evacuation warnings issued by the Israeli army. Tragically, a young patient lost her life during the evacuation due to the inability of medical staff to provide urgent care.

The hospital, operated by the Diocese of Jerusalem, condemned the attack, highlighting its occurrence on Palm Sunday, the start of Holy Week. Israel claimed the hospital was being used as a command center by Hamas militants to plan attacks against Israeli civilians and soldiers, though evidence supporting this claim has not been provided.

In addition to the hospital strike, other attacks in Gaza resulted in significant casualties. A strike on a car in Deir al-Balah killed seven individuals, including six brothers and their friend, while another strike in Khan Younis claimed three lives. The escalating violence underscores the ongoing humanitarian crisis in the region, with Gaza's health ministry reporting over 50,000 Palestinian deaths since the conflict began.

The situation remains dire, with calls for international intervention and accountability growing louder. As the conflict continues, the toll on civilians and the region's infrastructure deepens, raising urgent questions about the path to peace.

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