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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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Southern Ontario Faces Another Winter Wallop as Storm Intensifies

 

Southern Ontario is bracing for yet another round of heavy snow this weekend, piling onto the already significant accumulations from recent squalls. Forecasters warn that a Colorado low sweeping into the province will deliver 10 to 15 centimetres of fresh snow to regions hardest hit by lake-effect bands earlier this week.

Communities along Lake Huron and Georgian Bay—including Goderich, Kincardine, Owen Sound, Collingwood, Barrie, and Parry Sound—are expected to bear the brunt of the storm. These areas, already struggling with whiteout conditions and power outages, could see travel grind to a halt as visibility drops and winds gust between 40 and 60 km/h.

The system will begin in southwestern Ontario near Windsor on Saturday evening, spreading into the Greater Toronto Area overnight and reaching Ottawa by early Sunday. While the GTA may escape the heaviest totals, forecasters caution that localized bursts of snow and blowing winds could still make commuting treacherous.

Environment Canada has issued multiple snow squall warnings and special weather statements, urging residents to prepare for hazardous conditions. Drivers are advised to avoid unnecessary travel, as roads could quickly become impassable. Hydro crews, who have already been working around the clock to restore service from Thursday’s storm, may face renewed challenges as fresh snow and strong winds strain infrastructure.

This latest blast underscores the severity of Ontario’s early winter, with some regions forecast to receive up to 50 cm of snow in total by the end of the weekend. Residents are being urged to stock up on essentials, check on vulnerable neighbours, and ensure winter safety measures—such as snow tires and emergency kits—are in place.


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