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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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Tragedy at Sea: Indonesian Ferry Sinks Near Bali, Dozens Missing

Indonesian authorities are racing against time to locate 29 people still missing after a ferry sank late Wednesday night near the resort island of Bali. The vessel, *KMP Tunu Pratama Jaya*, was en route from Ketapang port in East Java to Gilimanuk port in Bali when it capsized roughly 30 minutes into its journey.

The ferry was carrying 65 individuals, including 53 passengers and 12 crew members, along with 22 vehicles. As of Thursday afternoon, 31 people had been rescued, while six fatalities have been confirmed, including a three-year-old child and his mother.

Survivors described a harrowing scene as the ferry tilted and quickly submerged. “The ship quickly sank, so I did not jump but sank with the water,” said 64-year-old Supardi, who managed to survive by clinging to a life jacket.

Rescue efforts have been hampered by rough seas, with waves reaching up to 2.5 meters and strong currents. A team of over 50 personnel, supported by helicopters and boats, continues to scour the area for survivors.

Marine accidents are tragically common in Indonesia, an archipelago of over 17,000 islands, where ferry travel is widespread and safety standards are often inconsistent. Authorities are investigating the cause of the incident, with early reports suggesting a possible leak in the engine room.

The search operation remains ongoing, with hopes that more survivors may still be found.

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