Why should I brace myself and panic like a bunch of headless chickens? I haven’t had any debt for a very long time and have a policy of never paying/owing interest. I may actually do my income taxes tomorrow, deadline is 2 May (2 days after I get back from Varadero) but that is only for tax payers who owe the CRA money.
Anymouse
https://turbotax.intuit.ca/tips/canadian-tax-filing-deadline…
What happens if you file personal taxes late?
Filing your taxes late when you have earned a refund or don’t owe any further tax will not result in any fees or penalties.
https://www.cbc.ca/news/business/interest-rate-analysis-1.64…
Business
Brace yourself: Interest rates could be headed up even faster and higher than we thought
Some economists now think Bank of Canada rate could go twice as high as it was pre-pandemic
Pete Evans · CBC News · Posted: Mar 31, 2022 4:00 AM ET