April 3 roundup - MoneySense

April 3 roundup

On Canadian tax cheats, soaring pump prices and RBC Dexia’s new owner.


•Millions of tax cheats are going undetected by the Canada Revenue Agency, according to the country’s Auditor-General. A lack of money and resources keeps the CRA from going after the up to 3 million Canadians who don’t file their taxes which results  in lost revenues.

Gas prices in Ontario are expected to rise dramatically overnight pushing past the $1.40 per litre mark in some areas, according to  experts. The rise in pump prices has been called into question lately as supply at the refinery level and crude prices remain constant.

•RBC is taking full ownership of RBC Dexia from Banque Internationale à Luxembourg. RBC Dexia offers securities for institutional investors and handles fund and pension-administration.