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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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Ukraine Signals Readiness for Ceasefire Amid U.S. Push for Peace

 

In a significant development, Ukraine has expressed its willingness to accept a U.S.-proposed 30-day ceasefire, contingent on Russia's agreement. This announcement follows high-level peace talks held in Jeddah, Saudi Arabia, between Ukrainian and U.S. officials. The proposed ceasefire, which could be extended by mutual consent, aims to halt hostilities and pave the way for lasting peace.

The United States has emphasized that the success of this initiative hinges on Russia's reciprocity. U.S. Secretary of State Marco Rubio remarked, "The ball is in Russia's court," underscoring the importance of Moscow's cooperation in achieving peace. The U.S. has also pledged to resume military aid and intelligence sharing with Ukraine, signaling its commitment to supporting Kyiv during this critical juncture.

The talks in Saudi Arabia also touched on broader issues, including potential prisoner exchanges and the return of Ukrainian children taken to Russia. Both sides have expressed hope that this ceasefire could serve as a stepping stone toward ending the three-year-long conflict.

As the world watches, the focus now shifts to Russia's response. Will Moscow seize this opportunity for peace, or will the conflict continue to claim lives and devastate communities? The coming days will be crucial in determining the trajectory of this war.

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