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The Canada Strong Fund — Invest Like the Government

  Published on MoneySavings.ca | Personal Finance | May 2026 Imagine being able to put your savings into the same fund the federal government is betting $25 billion on. For the first time in Canadian history, that's exactly what Ottawa is offering you — a front-row seat (and a direct stake) in the country's biggest nation-building push in generations. On April 28, 2026, Prime Minister Mark Carney announced Canada's first national sovereign wealth fund — the Canada Strong Fund. It's a bold, headline-grabbing idea: let everyday Canadians invest directly alongside the government in the ports, pipelines, mines, and infrastructure projects shaping our economic future. But before you start redirecting your TFSA contributions, let's break down exactly what this fund is, what it promises, what it costs — and whether it might belong in your financial plan. What Is the Canada Strong Fund? A sovereign wealth fund is a state-owned investment vehicle. Countries like Norw...
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Remnants of Hurricane Beryl to Drench GTA with Heavy Rainfall

                                 

The remnants of Hurricane Beryl are set to bring heavy rainfall to the Greater Toronto Area (GTA) today. According to Environment Canada, periods of torrential downpours are possible, and the federal weather agency has issued a rainfall warning for much of southern Ontario, including Toronto.

Rain began overnight, and up to 60 millimeters of rain are expected for much of Toronto and surrounding areas throughout the day, although some areas could see even more. Meteorologist Daniel Liota warns that the morning commute could be treacherous due to heavy downpours, which can cause flash floods and water pooling on roads. Localized flooding in low-lying areas is also possible.

The Toronto and Region Conservation Authority (TRCA) has issued a flood watch, urging the public to stay away from streams, rivers, and shoreline areas. Recreational activities in or around water should be avoided at this time due to rapidly changing conditions.

Hurricane Beryl initially made landfall in Grenada before moving deeper into the Caribbean Sea, affecting Jamaica and eventually Mexico. As it moved over Texas, it weakened to a tropical storm, causing tornadoes and flooding. The unique aspect of this event is the tropical, moisture-laden air mass associated with the remnants of Hurricane Beryl, which contributes to the potential for torrential downpours in the GTA.

The heavy rainfall is expected to taper into scattered showers later tonight and into Thursday, according to Environment Canada’s forecast.




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