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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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Mounting Outcry Over U.S. Strikes in Caribbean and Pacific

Supporters of Venezuelan President Nicolas Maduro attend a rally amid rising tensions with the United States, in Caracas, Venezuela, October 30, 2025.

The United States has come under intense scrutiny following a series of military strikes in the Caribbean Sea and Pacific Ocean that have left over 60 people dead since September. Officials described the operations as targeting vessels allegedly involved in drug trafficking, but critics argue that Washington has failed to provide evidence to substantiate these claims.

The strikes, carried out near the Venezuelan coast and in the eastern Pacific, were presented as part of a broader counter-narcotics campaign. However, international observers have condemned the actions, stating they violate international law and amount to extrajudicial killings.

Foreign leaders and members of Congress have joined the chorus of concern, demanding independent investigations into the legality and human cost of the campaign. Some lawmakers have labeled the strikes “sanctioned murder,” while others warn that the U.S. risks undermining its credibility on human rights by continuing such operations without transparency.

The controversy has also sparked debate over the scope of presidential war powers. President Donald Trump has defended the strikes as necessary to combat “narcoterrorists,” but critics argue that bypassing congressional approval sets a dangerous precedent.

As pressure mounts, international observers stress that accountability is crucial. Without clear evidence of criminal activity, the deaths of dozens of people at sea raise troubling questions about the balance between security operations and human rights protections.


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