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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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Youth Activists Channel Anger into Hope at COP29 Climate Summit

 

At the COP29 climate summit in Baku, Azerbaijan, young activists from around the world are channeling their frustration and anger into a powerful force for hope and change. Despite facing significant challenges, including the devastating impacts of climate change on their communities and the often limited opportunities to influence decision-making, these young leaders are determined to make their voices heard.

Many of these youth activists have experienced firsthand the harsh realities of climate change. From losing homes and loved ones to extreme weather events, to witnessing the destruction of their natural environments, their anger is fueled by personal loss and a deep sense of urgency. However, rather than succumbing to despair, they are using their experiences to advocate for stronger climate action and more inclusive policies.

Marinel Ubaldo, a 27-year-old activist from the Philippines, exemplifies this spirit. Having survived two catastrophic typhoons as a teenager, she has been a vocal advocate for climate justice at multiple COP summits. “It has become so tiring for me to be just a poster child,” she said. "But I’m going to be positive that this COP could actually bring more clarity".

The summit has also highlighted the mental health impacts of climate change on young people. Experts have emphasized the need for urgent action to address these issues, noting that the psychological burden of climate anxiety is becoming increasingly severe.

Despite the challenges, the youth presence at COP29 is a testament to their resilience and unwavering commitment to a sustainable future. Their message is clear: while they are angry about the current state of the world, they are also hopeful and ready to fight for a better one.


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