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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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Tragedy in Gaza: Israeli Airstrike Hits School, Killing 30 Including Children

 

In a devastating incident on Saturday, an Israeli airstrike targeted a school in Deir al-Balah, Gaza, which was being used as a shelter by displaced Palestinians. The attack resulted in the deaths of at least 30 people, including several children.

The school, which housed thousands of people seeking refuge from ongoing conflict, was struck amidst escalating tensions. According to Gaza’s Health Ministry, the victims included seven children and seven women. The injured were rushed to Al Aqsa Hospital, where the scene was described as chaotic and heart-wrenching.

Israel’s military stated that the strike aimed at a Hamas command center allegedly used for storing weapons and planning attacks. However, Palestinian officials and humanitarian organizations have condemned the attack, highlighting the severe impact on civilians.

This tragic event has intensified calls for a ceasefire, with international mediators from the U.S., Egypt, Qatar, and Israel scheduled to meet in Italy to discuss potential resolutions. The ongoing conflict continues to take a heavy toll on the civilian population, with urgent appeals for peace and humanitarian aid growing louder.


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