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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...
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Israel Agrees to Gaza Ceasefire Framework: Now Awaiting Hamas’ Decision

 


In a significant development, Israel has essentially endorsed a framework for a proposed Gaza ceasefire and hostage release deal. The ball is now in Hamas’ court as they must decide whether to agree to it. A senior U.S. administration official revealed this information on Saturday, just a day before talks are scheduled to resume in Egypt.

The proposed framework includes a six-week ceasefire, which could provide much-needed relief to the conflict-weary region. Additionally, Hamas would be required to release hostages considered vulnerable, including the sick, wounded, elderly, and women. The Israelis have “more or less accepted” this proposal, according to the official. However, the final decision rests with Hamas, and efforts are ongoing to encourage their cooperation.

International mediators have been working tirelessly to broker this deal before the start of the Muslim holy month of Ramadan (around March 10). If successful, the agreement would allow aid to reach hundreds of thousands of desperate Palestinians in northern Gaza. These individuals are currently under the threat of famine due to the ongoing conflict.

In response to the dire situation, U.S. military planes have initiated airdrops of thousands of meals into Gaza. Jordan and Egypt have also conducted similar airdrops. However, aid groups emphasize that airdrops should be a last resort. Instead, they advocate for the opening of other crossings into Gaza and the removal of obstacles at the few existing ones.

The European Union’s diplomatic service has expressed concern over the chaos surrounding an aid convoy in Gaza. Many of the hundreds of Palestinians killed or wounded during the incident were hit by Israeli army fire. The EU calls for an international investigation, attributing the crisis to "restrictions imposed by the Israeli army and obstructions by violent extremists to the supply of humanitarian aid".

As the talks continue, the world watches with bated breath, hoping for a breakthrough that will alleviate the suffering of those caught in the crossfire.


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