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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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Ontario Caps Daycare Fees at $22 for Children Under 6

 


In a significant move to make child care more affordable, the Ontario government has announced that starting in January 2025, parent fees for children under the age of six in Canada-wide Early Learning and Child Care (CWELCC) programs will be capped at $22 per day. This fee reduction is expected to result in additional savings of nearly $300 million in 2025 for families.

The new funding model also introduces a cost-based approach for operators in the CWELCC program, prioritizing stability and predictability. Families facing the highest fees, particularly those with young children in less affordable communities, will see the largest fee reductions.

This initiative aims to provide more stability and predictability to child-care centers, ultimately helping reduce lengthy wait-lists and supporting parents as they enter the workforce with peace of mind.

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