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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’s Leadership Crossroads: Assembly Reaches Consensus on Successor

 

Iranian media said the group had a minor disagreement over whether they would need to meet in person to issue their final decision, or bypass this formality.

A majority consensus has been reached within Iran’s Assembly of Experts on who will succeed the slain Supreme Leader Ayatollah Ali Khamenei, according to multiple reports from Iranian and international media. Assembly member Ayatollah Mohammadmehdi Mirbaqeri confirmed that the clerical body has “more or less” settled on a candidate, though he noted that several procedural obstacles remain before a formal announcement can be made. 

The decision follows days of intense deliberation amid heightened regional tensions and uncertainty about Iran’s political future. While the identity of the chosen successor has not yet been released, reports indicate that the selection aligns with guidance left by Khamenei, including the expectation that the next leader should be someone “hated by the enemy.” 

Minor disagreements persist within the Assembly regarding whether the final decision must be issued during an in‑person meeting or can be formalized remotely, reflecting the urgency and sensitivity of the succession process. Despite these unresolved details, officials suggest that the formal announcement could come as soon as the remaining procedural issues are settled. 


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