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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 Plane Crash in South Korea Claims 179 Lives

In a devastating incident, a Jeju Air flight from Bangkok, Thailand, crash-landed at Muan International Airport in South Korea, resulting in the deaths of 179 people. The Boeing 737-800, carrying 175 passengers and six crew members, skidded off the runway and burst into flames after colliding with a wall.

The crash occurred shortly after 9 a.m. local time, with initial reports suggesting that a bird strike and adverse weather conditions may have contributed to the accident. The tail section of the plane remained somewhat intact, allowing rescuers to pull two crew members from the wreckage, who are now being treated for injuries.

This tragic event marks the deadliest air accident in South Korea's history and has left the nation in mourning. Authorities are conducting a thorough investigation to determine the exact cause of the crash.

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