Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Israel Announces Plan to Retake Gaza City, Escalating War with Hamas

 


In a dramatic escalation of its 22-month war with Hamas, Israel has announced plans to retake Gaza City, one of the last major urban centers not yet under Israeli control. The decision, made during a late-night Security Cabinet meeting, signals a renewed military push amid growing international concern over the humanitarian crisis in the region.

Prime Minister Benjamin Netanyahu stated that the Israeli military will prepare to take control of Gaza City while continuing to provide humanitarian aid to civilians outside combat zones. This move follows his earlier remarks suggesting Israel intends to take control of all of Gaza to ensure national security and eliminate Hamas's presence.

The announcement has drawn sharp criticism from Palestinian officials and international observers. Hamas responded defiantly, vowing continued resistance and warning that “expanding aggression against our Palestinian people will not be a walk in the park.” The group also expressed concern for the estimated 20 hostages still held in Gaza, whose safety could be jeopardized by further military operations.

Humanitarian organizations warn that another major ground offensive could displace tens of thousands more civilians and worsen the already dire conditions in Gaza, where famine looms and infrastructure has been devastated. Gaza’s Health Ministry reports over 61,000 Palestinian deaths since the war began, though the breakdown between combatants and civilians remains unclear.

Netanyahu’s plan appears to be a strategic maneuver to pressure Hamas into accepting ceasefire terms favorable to Israel, though it also reflects internal debate within Israel’s military leadership about the risks of further escalation.


Labels:

Comments

Post a Comment