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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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Egg Bites with Bacon & Gruyère

 

Here’s a delicious recipe for Egg Bites with Bacon & Gruyère. This recipe is a great homemade version of the popular Starbucks egg bites.

Ingredients:

  • 8 large eggs
  • 1 cup cottage cheese
  • 1 cup shredded Gruyère cheese
  • 1/2 cup cooked and crumbled bacon
  • 1/4 teaspoon salt
  • 1/4 teaspoon black pepper

Instructions:

  1. Preheat the oven to 325°F (165°C).
  2. Blend the eggs and cottage cheese in a blender until smooth.
  3. Add the Gruyère cheese, bacon, salt, and pepper to the blender and pulse a few times to combine.
  4. Pour the mixture into a greased muffin tin, filling each cup about 2/3 full.
  5. Bake for 25-30 minutes, or until the egg bites are set and lightly golden on top.
  6. Let cool slightly before removing from the muffin tin.

Enjoy your homemade egg bites! 

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