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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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China Blasts U.S. Over Seizure of Venezuela’s Maduro

            Chinese leader Xi Jinping and Venezuelan President Nicolás Maduro in Beijing in 2023. 

China has issued a forceful denunciation of the United States following the capture of Venezuelan President Nicolás Maduro, calling the operation a serious breach of international norms and a destabilizing act in Latin America.

Beijing described the U.S. action as a “blatant violation of international law” and urged Washington to ensure Maduro’s safety and release him without delay. Chinese officials warned that unilateral military operations undermine global stability and set a dangerous precedent for international relations.

As one of Venezuela’s key economic partners, China reaffirmed its support for the country’s sovereignty and insisted that political disputes must be resolved through dialogue rather than force. The statement placed China alongside several other nations that have criticized the U.S. intervention and called for restraint.

China emphasized that respect for national sovereignty remains a cornerstone of global order and urged all parties to avoid further escalation.


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