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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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Exploring Ancient Greece: Beyond the Acropolis

 

Greece, with its rich history and captivating mythology, boasts an impressive collection of ancient landmarks. While Athens and the iconic Acropolis are well-known, there’s a wealth of other treasures waiting to be discovered. Let’s step beyond the Greek capital and explore some of the most remarkable sites:

  1. Meteora Monasteries: Perched atop towering rock formations, these monasteries offer breathtaking views and a spiritual experience.
  2. Delphi: Once considered the center of the world, Delphi was home to the Oracle of Apollo and features ancient temples and a theater.
  3. Olympia: The birthplace of the Olympic Games, Olympia boasts a stadium, temples, and statues dedicated to Zeus.
  4. Epidaurus: Famous for its well-preserved theater, Epidaurus also has a healing sanctuary dedicated to Asclepius.
  5. Knossos: On Crete, explore the Minoan palace of Knossos, where the legendary Minotaur roamed the labyrinth.
  6. Mystras: A medieval ghost town with Byzantine ruins, Mystras offers stunning views of the surrounding landscape.
  7. Sounion: Visit the Temple of Poseidon at Cape Sounion, overlooking the Aegean Sea.
  8. Ancient Corinth: Discover ancient temples, the Acrocorinth fortress, and the famous Corinth Canal.
  9. Akrotiri: Explore the Minoan city buried by volcanic ash on Santorini.
  10. Rhodes Old Town: Wander through medieval streets, visit the Palace of the Grand Master, and admire the Colossus of Rhodes (no longer standing).

These lesser-known gems reveal Greece’s fascinating past and invite you to travel back in time. 

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