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The Canada Strong Fund — Invest Like the Government

  Published on MoneySavings.ca | Personal Finance | May 2026 Imagine being able to put your savings into the same fund the federal government is betting $25 billion on. For the first time in Canadian history, that's exactly what Ottawa is offering you — a front-row seat (and a direct stake) in the country's biggest nation-building push in generations. On April 28, 2026, Prime Minister Mark Carney announced Canada's first national sovereign wealth fund — the Canada Strong Fund. It's a bold, headline-grabbing idea: let everyday Canadians invest directly alongside the government in the ports, pipelines, mines, and infrastructure projects shaping our economic future. But before you start redirecting your TFSA contributions, let's break down exactly what this fund is, what it promises, what it costs — and whether it might belong in your financial plan. What Is the Canada Strong Fund? A sovereign wealth fund is a state-owned investment vehicle. Countries like Norw...

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Texas Floods Leave Over 160 Missing as Search Efforts Intensify

In the wake of catastrophic flash flooding across central Texas, officials have confirmed that at least 161 people remain missing, with the majority unaccounted for in Kerr County, the region hardest hit by the disaster. The floods, triggered by torrential rains over the July Fourth weekend, have already claimed over 110 lives, including 27 children and counselors from Camp Mystic, a historic girls’ summer camp along the Guadalupe River.

Governor Greg Abbott, after surveying the damage by helicopter, described the destruction as “widespread and catastrophic,” pledging that search and rescue operations will continue until every missing person is found. Emergency crews, including National Guard helicopters and drones, are combing through debris-strewn riverbanks and devastated campgrounds in hopes of locating survivors.

The tragedy has sparked scrutiny over the adequacy of early warning systems. Kerr County officials admitted they lacked a public alarm system, and a previous request for funding to build one was denied nearly a decade ago. As the community mourns, stories of heroism and heartbreak continue to emerge—from counselors who clung to children in rising waters to families searching for loved ones amid the wreckage.

With drier weather expected later this week, officials hope conditions will aid recovery efforts. But for many, the emotional toll is just beginning. “It’s unimaginable,” said one local resident. “We’re grieving, but we’re also holding on to hope.”

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