Skip to main content

Featured

How Canadian Savers Can Protect Their Money in 2026

As 2026 unfolds, Canadian savers are navigating a financial landscape shaped by falling interest rates, persistent living‑cost pressures, and evolving tax‑advantaged opportunities. Experts say this is the year to be intentional, strategic, and proactive with your money. Reevaluate Your Savings Accounts Interest rates have been trending downward, and many high‑interest savings accounts have quietly reduced their payouts. GIC rates remain more stable, but they too are expected to soften as rate cuts continue. What to do now: Check the current rate on every savings account you hold Compare alternatives and switch if your rate has dropped significantly Consider laddering GICs to lock in competitive yields while they’re still available Make the Most of Your TFSA The Tax‑Free Savings Account remains one of the most powerful tools for Canadians. With annual contribution room increasing over time, it’s an ideal place to shelter both short‑term savings and long‑term investments. Why...
Post a Comment
Read more

article

Labels

Court Agrees to Pause Collection of Trump’s Massive Civil Fraud Judgment

 



In a significant legal development, a New York appeals court has granted former President Donald Trump a temporary reprieve from the collection of his staggering civil fraud judgment. The condition? Trump must post a hefty $175 million bond within the next 10 days. If he complies, the clock on collection will stop, preventing the state from seizing his assets while he appeals.

The civil fraud case stems from allegations that Trump inflated his net worth over the years, unjustly enriching himself, his family, and his organization. The court’s ruling not only buys Trump time but also reverses certain restrictions that had barred him and his sons from corporate leadership roles.

Trump’s legal team had argued that securing an underwriter for such a colossal bond was nearly impossible. Initially proposing a $100 million bond, they faced rejection from an appellate judge. Now, with the reduced amount, Trump aims to protect his real estate empire and fend off foreclosure threats.

While the judgment still stands, the pause in collection provides Trump with a lifeline. New York Attorney General Letitia James remains steadfast, emphasizing that Trump is still accountable for his alleged fraud. As the legal battle unfolds, the eyes of the nation remain fixed on this high-stakes drama.


Labels:

Comments

Post a Comment