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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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Unofficial Swiftie Events: A Celebration Beyond ‘Taylor’s Version’

 

As Taylor Swift’s Eras Tour sweeps through Toronto, the city is buzzing with excitement. However, many events catering to Swifties are not officially endorsed by the pop star herself. These gatherings, while inspired by Swift’s music and persona, operate independently of her brand.

One such event is “Toronto’s Version: Taylgate '24,” organized by Bram Goldstein. This unofficial fan gathering offers activities like bracelet exchanges, glam beauty bars, and dance parties, all designed to celebrate the Swiftie community. Despite the lack of official affiliation, these events provide a space for fans to connect, share stories, and enjoy Swift’s music together.

The Taylgate event, held at the Metro Toronto Convention Centre, runs from 1 to 11 p.m. on concert days. It’s a haven for those with tickets to the Eras Tour, as well as for fans who couldn’t snag a seat. While the event avoids direct references to Swift’s tour or image, it captures the spirit of her fandom through creative and engaging activities.

In addition to Taylgate, other Toronto venues have embraced the Swiftie spirit. The Bisha Hotel, for instance, has themed suites and floors named after Swift’s albums, offering fans a unique way to immerse themselves in her world.

These unofficial events highlight the enduring impact of Taylor Swift’s music and the strong sense of community among her fans. While they may not carry the official ‘Taylor’s Version’ label, they embody the joy and camaraderie that define the Swiftie experience.


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