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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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Netanyahu Pushes for Full Gaza Occupation Amid Mounting Pressure

                                        Prime Minister Benjamin Netanyahu is leaning towards an expanded
                                               offensive and taking control of the entire enclave

Israeli Prime Minister Benjamin Netanyahu is poised to seek cabinet approval for a full military takeover of the Gaza Strip, marking a dramatic escalation in the nearly two-year war against Hamas. If approved, this would be the first complete occupation of Gaza by Israeli forces in two decades.

Key Developments:

  • Netanyahu’s decision follows the collapse of ceasefire talks and disturbing footage of Israeli hostages held by Hamas, including emaciated detainees in underground tunnels.
  • Currently, Israeli forces control approximately 75% of Gaza. The proposed move would extend operations into remaining areas, particularly those believed to house hostages.
  • Internal dissent is growing: senior military officials reportedly oppose the plan, and some were allegedly told to comply or resign.
  • The humanitarian crisis in Gaza continues to worsen, with over 60,000 reported deaths and widespread famine. International calls for a ceasefire have intensified, with several European nations threatening to recognize a Palestinian state if hostilities persist.

Political Fallout: Netanyahu’s coalition, one of the most right-wing in Israel’s history, includes ministers advocating for the re-establishment of Jewish settlements in Gaza. Critics, including former Israeli leaders, accuse Netanyahu of prolonging the war to maintain political power.

Strategic Goals: The cabinet is expected to deliberate whether the occupation will be short-term—focused on dismantling Hamas and rescuing hostages—or a prolonged governance effort. Netanyahu insists that only total surrender by Hamas will secure the hostages’ release.

This decision could reshape the trajectory of the conflict and Israel’s regional standing. 

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