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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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Denmark and Greenland Confront Dark Legacy of Forced Contraception

 

                                           Contact committee meeting at the Faroe Islands 


In a historic joint statement, Denmark and Greenland have formally apologised to Greenlandic Indigenous women subjected to decades of involuntary birth control procedures. Between the 1960s and early 1990s, thousands of women and girls — some as young as 13 — were fitted with intrauterine devices (IUDs) without their knowledge or consent.

The campaign, which reportedly affected nearly half of Greenland’s fertile female population at the time, was aimed at curbing population growth on the Arctic island. Danish Prime Minister Mette Frederiksen acknowledged the severe physical and psychological harm caused, stating, “We cannot change what has happened. But we can take responsibility. Therefore, on behalf of Denmark, I would like to say: Sorry”.

Greenland’s Prime Minister Jens-Frederik Nielsen also recognised his government’s role and confirmed plans to compensate victims. The apology comes ahead of an official investigative report due next month, which is expected to shed further light on the decision-making behind the policy.

The episode adds to a series of historical grievances between Denmark and Greenland, underscoring the lasting impact of colonial-era policies on Indigenous communities.

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