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Top Savings and GIC Rates in Canada This Week

                                                                             Canadians looking to maximize their returns on safe investments have strong options this week, with both high-interest savings accounts (HISAs) and guaranteed investment certificates (GICs) offering competitive rates. High-Interest Savings Accounts KOHO Earn Interest Account continues to lead with an impressive 3.5% interest rate , offering unlimited transactions and cashback perks. Other online banks and credit unions are hovering around 3.0%–3.25% , making HISAs a flexible choice for those who want liquidity while still earning meaningful returns. Guaranteed Investment Certificates (GICs) For short-term savers, MCAN Wealth is offering 3.65% on a 1-year GIC , one of the hig...

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France Revives Voluntary Military Service Amid Rising Russian Tensions

France's President Macron reviews the troops prior to his speech to unveil a new national military service at the military base in Varces.


France has announced the revival of military service on a voluntary basis, marking a significant shift in its defense strategy nearly three decades after scrapping conscription. President Emmanuel Macron unveiled the plan during a visit to the 27th Mountain Infantry Brigade in the French Alps, emphasizing the need to strengthen national resilience in the face of escalating threats from Russia.

The new program will initially target young volunteers aged 18 and 19, offering a 10-month service period that includes combat training and civic education. Macron stated that the initiative is designed to “prepare the nation and its morale” for potential conflict, while reaffirming France’s commitment to European security.

Officials expect around 3,000 recruits in the first year, with ambitions to expand participation to as many as 50,000 annually as the program evolves. The Élysée Palace described the service as a way to bolster France’s armed forces while instilling a sense of duty and unity among the younger generation.

The announcement comes more than three and a half years into Russia’s full-scale invasion of Ukraine, with French military leaders warning that Moscow may not stop at Ukraine’s borders. France’s armed forces chief of staff, General Fabien Mandon, recently cautioned that the country must be prepared “to lose its children” in a potential confrontation by 2030.

By reintroducing voluntary service, France aims not only to expand its military capacity but also to foster a renewed sense of national solidarity at a time of mounting uncertainty across the continent.

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