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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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James Comey Indicted: Former FBI Director Faces Two Federal Charges

                                            Former FBI director James Comey indicted on two charges.

A federal grand jury in Virginia has indicted former FBI Director James Comey on two felony charges tied to his testimony before Congress in 2020. The indictment, unsealed Thursday, accuses Comey of making false statements to lawmakers and obstructing a congressional proceeding—both carrying potential prison sentences of up to five years.

The charges stem from Comey’s sworn testimony before the Senate Judiciary Committee, where he denied authorizing FBI officials to serve as anonymous sources in media reports about sensitive investigations. Prosecutors allege that Comey knowingly misled senators, contradicting evidence that he had, in fact, directed an FBI contact to speak with reporters.

Comey, who was fired in 2017 by President Donald Trump, responded defiantly in a video statement, declaring his innocence: “I am innocent. So, let’s have a trial.” He added that he had “great confidence in the federal judicial system” despite what he described as political pressure surrounding the case.

The indictment makes Comey the first former FBI director to face criminal charges for testimony to Congress. Legal experts note that prosecutors will need to prove not only that Comey’s statements were false, but that he knowingly and intentionally misled lawmakers—a high bar in court.

Comey is scheduled to be arraigned on October 9 in federal court in Alexandria, Virginia.


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