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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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Hamas Accepts Gaza Ceasefire Proposal Amid Ongoing Tensions

Hamas has announced its acceptance of a new ceasefire proposal mediated by Egypt and Qatar, signaling a potential step toward de-escalation in the Gaza conflict. Khalil al-Hayya, a senior Hamas official, confirmed the group's approval of the proposal, which includes the release of five hostages weekly and a pause in fighting. 

The ceasefire aims to address humanitarian concerns and facilitate the exchange of hostages and prisoners. However, Israel has submitted a counter-proposal in coordination with the United States, leaving the final agreement uncertain. 

The fragile truce, previously disrupted by renewed hostilities, underscores the complexity of achieving lasting peace in the region. Both sides continue to negotiate terms, with Hamas emphasizing that its weapons remain a "red line". 

The international community watches closely as mediators work to bridge the divide and bring relief to the war-torn Gaza Strip.

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