Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Market Update: Dow Futures Slip as Investors Reevaluate Rate-Cut Expectations

 

The stock market experienced a downturn today as Dow futures slipped, reflecting a broader retreat in stocks. This shift comes as investors reassess their expectations for potential interest rate cuts by the Federal Reserve.

The reevaluation follows a robust jobs report that has led many to believe that the Federal Reserve may not cut rates as aggressively as previously anticipated. This sentiment is further compounded by the upcoming release of key inflation data and the start of the third-quarter earnings season.

In early trading, the Dow Jones Industrial Average futures fell by 0.3%, while the S&P 500 and Nasdaq 100 futures also saw declines. Investors are now closely watching for any signals from the Federal Reserve and upcoming economic indicators that could influence the central bank’s policy decisions.

The market’s cautious stance highlights the ongoing uncertainty and volatility as investors navigate through mixed economic signals and adjust their strategies accordingly.


Labels:

Comments

Post a Comment