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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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Thousands of Canadians Die While Waiting for Surgery



According to a recent report, more than 17,000 Canadians have died while waiting for surgery or diagnostic scans in 2022-23. The report also suggests that the actual number could be higher. This is a concerning issue that needs to be addressed.

Long wait times for surgeries, MRI and CT scans are putting thousands of patients at risk. The surgical waitlist in Ontario alone surpasses 200,000 people . This comes off the back of a 21-page report from CUPE’S Ontario Council of Hospital Unions that found hospital staff vacancies have grown dramatically, increasing 19 per cent over the last year, and currently 37,00 positions remain unfilled .

The consequences of the long waits are stark, as more than 2,000 people died on waiting lists for surgeries last year, up almost 50 per cent from the year before. Another 9,400 patients died waiting for MRIs and CT scans . The situation is dire and requires immediate attention.


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