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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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Final Ceasefire Draft Presented to Israel and Hamas After Breakthrough in Doha

 


Mediators have presented Israel and Hamas with a final draft of a ceasefire deal aimed at ending the war in Gaza, following a breakthrough in negotiations held in Doha. The draft, which includes provisions for the release of hostages and a cessation of hostilities, was handed over after midnight talks involving Israel's spy chiefs, President-elect Trump's Middle East envoy, and Qatar’s prime minister.

The negotiations, which have been ongoing for over a year with the involvement of the United States, Qatar, and Egypt, reached a pivotal moment early Monday. U.S. President Joe Biden and Israeli Prime Minister Benjamin Netanyahu discussed the urgent need for a ceasefire and the release of hostages in a recent phone call.

While both sides have yet to confirm the final draft, officials have described the progress as promising. The next 24 hours are seen as crucial to sealing the deal before President Biden leaves office.

The war in Gaza, which began in October 2023, has resulted in significant casualties and a humanitarian crisis. The proposed ceasefire aims to address these issues and pave the way for a lasting peace.





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