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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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Escalating Conflict: Trump Praises Strikes as Middle East Tensions Surge

Israeli emergency responders work at the site of an impact by an Iranian missile in northern Israel.

As missile and drone attacks intensified across the Middle East, U.S. President Donald Trump publicly boasted about the killing of senior Iranian leaders, calling it his “great honor” to target what he described as Iran’s “terrorist regime

The conflict, now entering its second week, began after joint U.S.–Israeli strikes on Iranian targets in late February. Since then, more than 2,000 people have been killed, millions displaced, and global energy and financial markets have been rattled by the rapidly widening war. 

Trump’s remarks came as both sides exchanged heavy missile and drone fire across the region, with strikes reported from Tehran to northern Israel and beyond. The escalating violence has prompted international concern, with regional governments warning of broader destabilization if hostilities continue. 


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