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Ottawa Wants to Raise Your Deposit Insurance to $250,000: What Changes (and What Doesn’t)

  For more than 20 years, the federal guarantee on your savings has been stuck at $100,000. In Thursday's budget, Ottawa proposed to raise it to $250,000. Here is what would change, what wouldn't, and why you shouldn't move a dollar yet. Today (unchanged since 2005) $100,000 per deposit category Proposed in Budget 2026 $250,000 per deposit category What Budget 2026 actually proposes The Canada Deposit Insurance Corporation (CDIC) protects your deposits if a member bank fails. The budget proposes amendments to the CDIC Act that would do four things: Raise the limit from $100,000 to $250,000 per deposit category, the first increase in more than two decades. Remove the limit entirely for eligible deposits held in registered and tax-free accounts. Today, the limit is $100,000 per account type at each institution. Add temporary high-balance coverage for life events such as selling a home. Require a review of the deposit insurance framework every 10 years. It isn't law yet. ...
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Purple Day: Raising Awareness for Epilepsy


Epilepsy, a neurological disorder characterized by recurrent seizures, affects millions of people worldwide. On Purple Day, we come together to raise awareness, dispel myths, and support those living with epilepsy.

Purple Day, observed annually on March 26th, was founded in 2008 by Cassidy Megan, a young Canadian girl with epilepsy. Her goal was to create a global movement that would educate people about epilepsy and reduce stigma associated with the condition.

The color purple was chosen because it represents both calmness and strength. It symbolizes hope for a future where epilepsy is better understood and accepted.

How Can You Get Involved?

  1. Wear Purple: Show your support by wearing purple clothing or accessories.
  2. Educate Others: Share information about epilepsy with friends, family, and colleagues.
  3. Donate: Contribute to epilepsy research and support organizations.
  4. Be Compassionate: Understand that seizures can be frightening, but empathy and kindness go a long way.

Let’s turn the world purple on March 26th! Together, we can create a more inclusive and informed society for those living with epilepsy. 

Remember, Purple Day is not just about wearing a color; it’s about fostering understanding and compassion. Let’s stand united against epilepsy and make a difference!

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