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Mojtaba Khamenei’s Rise Sparks Market Turmoil as Hardliners Mobilize

People attend a gathering to support Iran's new supreme leader Mojtaba Khamenei, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 9, 2026.  Iran’s hardline factions mounted a powerful show of support for newly appointed Supreme Leader Mojtaba Khamenei , rallying across Tehran in a display that signaled a tightening of conservative control and diminished hopes for de-escalation in the Middle East.  The demonstrations, marked by mass gatherings and imagery linking Mojtaba to his late father, Ayatollah Ali Khamenei, underscored the regime’s consolidation at a moment of heightened regional conflict.  Analysts warn that the hardliners’ unified backing suggests Iran is unlikely to soften its stance amid ongoing tensions with the U.S. and Israel. Global markets reacted sharply. Fears that prolonged instability could further disrupt energy supplies sent oil prices soaring and triggered steep declines in major stock indices. With one of the most significan...
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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 highest rates available.
  • Longer-term investors can lock in 3.95% for a 5-year GIC with MCAN Wealth, while EQ Bank provides 3.45% on a 5-year term, balancing security with steady growth.
  • Credit unions such as WFCU are also competitive, with 3.30% on a 1-year GIC.

Takeaway

For Canadians weighing their options, HISAs provide flexibility and liquidity at rates above 3%, while GICs offer guaranteed returns up to nearly 4% for longer commitments. The choice depends on whether you value access to your funds or prefer locking in for higher yields.


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