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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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Tragic Airstrike in Northern Gaza Claims Over 60 Lives

 


In a devastating incident, an Israeli airstrike on a five-story building in the northern Gaza Strip has resulted in the deaths of at least 60 people, according to Gaza’s Health Ministry. The building, located in Beit Lahiya, was sheltering displaced Palestinians, many of whom were women and children.

The strike occurred early Tuesday morning, causing significant casualties and leaving many others injured or trapped under the rubble. Emergency services are working tirelessly to rescue those still buried beneath the debris.

This incident is part of a larger ongoing conflict in the region, with Israel conducting extensive military operations in northern Gaza. The Israeli Defense Forces (IDF) stated that they are aware of civilian casualties and are investigating the incident. The IDF emphasized that their operations target Hamas militants and that efforts are made to avoid civilian harm.

The humanitarian impact of this strike has been profound, with local hospitals overwhelmed by the influx of wounded individuals. The international community continues to call for a ceasefire and increased humanitarian aid to the affected areas.


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