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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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Trump Rebukes Starmer as Tensions Spike Over Iran Conflict Support

 

                                   Relations between the US and the UK seem to have sunk to an all time low


Relations between Washington and London have hit a new low after President Donald Trump delivered a sharp public rebuke to UK Prime Minister Keir Starmer, declaring that the United States has “won the war” with Iran and no longer needs British military support. The comments came after reports that Britain was considering sending two aircraft carriers to the Middle East, a move Trump dismissed as unnecessary. 

In a post on his Truth Social platform, Trump accused Starmer of offering help only after the conflict had effectively been decided, adding that he would “remember” the UK’s hesitation during the early stages of the operation. The criticism follows weeks of strained communication between the allies, with Trump repeatedly suggesting that Starmer’s decisions have damaged the historically close relationship between the two nations. 

The UK has maintained that it will not take part directly in strikes on Iran, though it has allowed limited U.S. use of British bases. Starmer’s government has also placed the HMS Prince of Wales on heightened readiness, signalling a willingness to support regional stability without committing to full-scale involvement. Trump, however, insists the U.S. no longer requires British carriers, framing the UK’s potential deployment as too little, too late. 

The exchange underscores a rapidly deteriorating diplomatic climate, raising questions about the future of the so‑called “special relationship” at a moment of heightened global tension.

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