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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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Blast Rocks Tehran During Quds Day Rally as Regional Tensions Escalate

 

        Demonstrators attend the annual anti-Israeli Quds Day, or Jerusalem Day, rally in Tehran, Iran, March 13, 2026.

A powerful explosion struck central Tehran during mass Quds Day demonstrations, leaving at least one person dead and heightening tensions amid ongoing U.S.–Israeli strikes. Thousands had gathered for the annual rally when the blast erupted near Ferdowsi Square, sending smoke billowing over the crowd and prompting widespread panic. 

A large explosion tore through a crowded demonstration in Tehran on Friday as thousands participated in the annual Quds Day march. Iranian state media reported that the blast occurred near Ferdowsi Square, close to Tehran University, an area that had become a focal point for the day’s rallies. Video from the scene showed plumes of gray smoke rising as panicked demonstrators chanted slogans and scrambled for safety. 

Authorities confirmed that at least one woman was killed after being struck by shrapnel, with multiple explosions reported across the capital amid ongoing U.S.–Israeli airstrikes targeting Iranian infrastructure. Witnesses described chaotic scenes as sirens blared and security forces rushed to secure the area. The cause of the explosion remains unclear, though Iranian officials have suggested it may be linked to the broader conflict unfolding across the region. 

The incident has intensified fears among residents already grappling with near-daily bombardments. As Tehran continues to face mounting pressure from foreign strikes, the blast underscores the volatility gripping the city and the growing risks faced by civilians participating in public gatherings. 

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