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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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Western Leaders Condemn Israel’s Actions in Gaza, Netanyahu Pushes Back

Israeli Prime Minister Benjamin Netanyahu has strongly criticized Canada, the United Kingdom, and France for their joint statement condemning Israel’s military operations in Gaza. The three nations warned that they would take "concrete actions," including potential sanctions, if Israel did not cease its offensive and allow humanitarian aid into the region.

Netanyahu responded by accusing the leaders of Canada, the U.K., and France of offering Hamas "a huge prize" by pressuring Israel to halt its operations. He defended Israel’s actions, stating that his country plans to take full control of Gaza and encourage voluntary emigration, a proposal rejected by Palestinian leaders.

The joint statement from Canadian Prime Minister Mark Carney, British Prime Minister Keir Starmer, and French President Emmanuel Macron described Israel’s military escalation as "wholly disproportionate" and called for an immediate ceasefire. They also criticized Israel for restricting food aid to Gaza, labeling the humanitarian situation as "intolerable".

Netanyahu’s remarks highlight the growing tensions between Israel and its Western allies, as international pressure mounts for a resolution to the ongoing conflict. The leaders of Canada, the U.K., and France continue to advocate for a two-state solution while urging Israel to reconsider its approach.

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