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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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Urgent Talks Scheduled for Gaza Ceasefire and Hostage Release

 


In a joint statement, leaders from the United States, Qatar, and Egypt have called for urgent talks between Israel and Hamas. The proposed meeting is set for August 15 and aims to bridge the remaining gaps in the Gaza ceasefire agreement.

Key Points:

  1. Ceasefire Agreement: The talks seek to finalize a comprehensive ceasefire agreement, putting an end to the ongoing conflict in Gaza.

  2. Hostage Release: Another critical objective is securing the release of hostages and prisoners held by both sides.

  3. Location: The negotiations could take place either in Doha or Cairo.

  4. Time Sensitivity: The urgency of the situation underscores the need for swift action.

Leaders emphasize that now is the time to find common ground and bring stability to the region. As the world watches, hopes are high that these talks will yield positive results.


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