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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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Iran Seeks Regional Calm as President Issues Rare Apology Amid Escalating Conflict

 

An explosion on Beirut's southern suburbs after an Israeli strike, following an escalation between Hezbollah and Israel amid the US-Israeli conflict with Iran, Lebanon, March 6, 2026.


As the war enters its second week, Iran’s President Masoud Pezeshkian has issued an unusual public apology to neighbouring countries affected by Tehran’s recent military actions. He acknowledged the impact of Iranian strikes across the region and pledged that Iran would refrain from targeting nearby states unless attacks on Iran originate from their territory. 

Despite the conciliatory tone, the conflict continues to intensify. Israel and Iran have exchanged fresh strikes, with missiles and drones still hitting cities across the Gulf. Iran’s temporary leadership council has reportedly approved suspending attacks on neighbouring states, but only conditionally, as tensions with the United States and Israel remain high. 

The apology appears aimed at easing regional anger after Iranian projectiles struck civilian areas in Gulf countries. However, with ongoing bombardments and rising casualties, the path to de-escalation remains uncertain. 


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