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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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Erdogan Accuses Israel of Undermining Iran Nuclear Negotiations


Turkish President Recep Tayyip Erdogan has sharply criticized Israel for its recent military actions against Iran, claiming they were deliberately timed to derail upcoming nuclear negotiations between Tehran and the United States. Speaking at a meeting of the Organisation of Islamic Cooperation (OIC) in Istanbul, Erdogan argued that the strikes demonstrated Israel’s unwillingness to resolve regional tensions through diplomacy.

He urged nations with influence over Israel to resist what he described as its “poison” and instead support dialogue to prevent further escalation. Erdogan also called on Muslim-majority countries to intensify efforts to hold Israel accountable under international law and United Nations resolutions.

The comments come amid a backdrop of heightened conflict between Israel and Iran, with both sides exchanging missile strikes and diplomatic efforts in Geneva showing little progress. Erdogan’s remarks underscore Turkey’s positioning as a vocal advocate for diplomatic solutions in the Middle East.

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