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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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Britain Accused as Kremlin Blames UK for Deadly Strike in Bryansk

 

A fire burns in the aftermath of a Ukrainian strike on a Russian missile plant, in Bryansk, Russia in this screen grab from social media video

Britain is facing renewed scr.utiny after the Kremlin accused it of helping Ukraine carry out a deadly missile strike on the Russian city of Bryansk, escalating tensions in an already volatile conflict. 

The Kremlin has alleged that British specialists played a direct role in a Ukrainian missile strike on the Russian city of Bryansk, an attack that reportedly killed at least six civilians and injured dozens more. According to Russian officials, the strike was carried out using British-made Storm Shadow missiles, prompting Moscow to warn that it would “take Britain’s role into account” in future decisions. 

Local authorities in Bryansk described the incident as a “terrorist missile attack,” though they did not specify the exact target. Ukraine, however, stated that the strike hit a key facility involved in producing missile components—an assertion that contrasts sharply with Moscow’s claim that civilians were deliberately targeted. 

The accusation marks a significant escalation in rhetoric, as Russia continues to frame Western military support for Ukraine as direct involvement in the conflict. Britain has supplied Kyiv with Storm Shadow missiles since 2023, but Moscow’s latest claims suggest a shift toward portraying Western advisers as active participants rather than mere suppliers. 

As tensions rise, the incident underscores the increasingly complex and international dimensions of the war, with both sides trading accusations over responsibility and intent.

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