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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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Royal Welcome: King Charles and Queen Camilla Begin Historic Visit to Canada

King Charles and Queen Camilla are set to arrive in Ottawa today, marking their first visit to Canada since the King's coronation two years ago. The royal couple will begin their tour with a public engagement at Lansdowne Park, where they will meet with community members and local artisans.  

Following their arrival, the King and Queen will travel to Rideau Hall to meet with Prime Minister Mark Carney and Governor General Mary Simon. In a historic moment, King Charles has been invited to deliver the speech from the throne on Tuesday, a tradition last carried out by Queen Elizabeth II in 1977.  

The visit is expected to highlight Canada's ties to the monarchy and reaffirm the nation's identity on the global stage. Crowds are anticipated to gather at key locations throughout Ottawa to catch a glimpse of the royal couple during their engagements.  


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