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Canadians Gain More Room to Save with 2025 TFSA Limit

  The Tax-Free Savings Account (TFSA) contribution limit for 2025 has been set at $7,000 , giving Canadians another opportunity to grow their investments tax-free. Since its launch in 2009, the TFSA has become one of the most popular savings tools in the country, offering flexibility and tax advantages that appeal to both short-term savers and long-term investors. For those who have never contributed to a TFSA and were eligible since the beginning, the total cumulative contribution room now stands at $102,000 . This allows Canadians to deposit a significant amount into their accounts without worrying about taxes on investment gains, dividends, or withdrawals. One of the TFSA’s biggest advantages is that withdrawals are tax-free and the amount withdrawn is added back to your contribution room the following year . This makes it ideal for saving toward major purchases, retirement, or even emergency funds. Unlike RRSPs, contributions are not tax-deductible, but the growth inside the...

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U.S. Military Airdrops Meals into Gaza Amid Mass Hunger Crisis

 

In a desperate bid to alleviate the hunger crisis in the besieged Gaza Strip, the United States military has initiated airdrops of essential food supplies. The move comes as the region grapples with severe shortages and mounting humanitarian concerns.

U.S. military C-130 cargo planes executed the airdrop mission, delivering thousands of meals directly into Gaza. The operation aims to provide emergency assistance to the vulnerable population on the ground, where access to food and clean water has become increasingly scarce.

The situation in Gaza remains dire. More than 300,000 Palestinians are living in the northern part of the territory, facing acute shortages of basic necessities. The World Health Organization recently reported that children are dying from starvation, underscoring the urgency of humanitarian intervention.

The U.S. airdrop is part of a broader international effort. Countries including Jordan, Egypt, Qatar, the United Arab Emirates, and France have also conducted similar missions, dropping food and medical supplies over Gaza. Approximately 45 tonnes of aid were distributed across the northern and central regions of the Strip.

While airdrops provide a lifeline to those in need, they are not without controversy. Some experts argue that airdrops can be expensive, haphazard, and may not always reach the intended recipients. However, in the face of an escalating crisis, aid organizations and governments are exploring all available options to prevent further suffering.

As the world watches, the hope is that these airdrops will offer temporary relief to the hungry and desperate residents of Gaza. But the underlying issues—rooted in conflict, political instability, and humanitarian neglect—require sustained attention and comprehensive solutions.


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