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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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Doctors in Revolt: Quebec Faces Healthcare Exodus Over Controversial Pay Reform

 

Dr. Mark Roper, director of the Queen Elizabeth Family Medicine Group, predicts the government's new pay law for doctors will lead to an exodus of physicians from Quebec.


A growing number of Quebec physicians are threatening to resign or relocate following the provincial government's adoption of Bill 2, a controversial law that ties doctors’ compensation to performance metrics and imposes penalties for collective action against the legislation.

At the Queen Elizabeth Family Medicine Group in Montreal, 20% of the clinic’s doctors have already applied to practice outside Quebec, citing significant pay cuts and punitive measures as key motivators. Ontario Premier Doug Ford has openly invited disaffected Quebec doctors to cross provincial lines, offering a warmer reception and better compensation packages.

The backlash has been swift and widespread. Three chief physicians in western Quebec have already resigned, and medical student federations have launched legal challenges, arguing the law violates their rights to protest and organize. The Collège des médecins du Québec has also called for an immediate suspension of the law, warning that it could worsen patient care and deepen the healthcare crisis.

In response to mounting pressure, Premier François Legault’s government has suspended parts of the law in a bid to reopen negotiations with medical federations. However, many doctors remain skeptical, viewing the move as too little, too late.

As the province grapples with a shortage of family doctors—1.5 million Quebecers currently lack one—the potential exodus of medical professionals threatens to destabilize an already strained healthcare system. The coming weeks will be critical as both sides weigh compromise against confrontation.


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