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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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Pope Leo XIV Calls for Global Unity in Historic Inaugural Mass

In a momentous event that marked the beginning of his papacy, Pope Leo XIV, the first American to ascend to the papal throne, delivered a powerful plea for peace and unity during his inaugural Mass in St. Peter’s Square. The ceremony, attended by an estimated 200,000 faithful, including world leaders, dignitaries, and religious figures, underscored the pontiff’s vision for a reconciled world.

Leo XIV, a 69-year-old Augustinian missionary from Chicago, emphasized the need for harmony within the Catholic Church and beyond, urging the faithful to reject hatred, division, and economic exploitation. “I would like that our first great desire be for a united church, a sign of unity and communion, which becomes a leaven for a reconciled world,” he declared during his homily.

The Mass was steeped in tradition, with Leo XIV receiving the two potent symbols of the papacy—the pallium, a lambswool stole representing his pastoral duty, and the Fisherman’s Ring, signifying his role as the successor of St. Peter. The pope appeared visibly moved as these symbols were placed upon him, clasping his hands in prayer as the weight of his new responsibility settled in.

Among the distinguished guests were U.S. Vice President JD Vance, Ukrainian President Volodymyr Zelenskyy, and Peruvian President Dina Boluarte, reflecting the global significance of the event. The Vatican confirmed that Leo XIV would hold private meetings with several leaders, including Zelenskyy, to discuss pressing international issues.

Leo XIV’s message of unity resonated deeply with the crowd, many of whom waved American flags in celebration of the historic moment. As the Mass concluded, jubilant cheers of “Papa!” echoed through the square, signaling the beginning of a new chapter for the Catholic Church under its first American leader.

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