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Greek Tanker Struck by Missile in Black Sea, Crew Emerges Unharmed

  A Greek‑flagged tanker sailing near the Russian port of Novorossiysk was struck by a missile but remained operational, and all 24 crew members were confirmed safe.   A Greek‑owned and Greek‑flagged tanker sustained material damage after being hit by a missile while sailing approximately 14 nautical miles off the Russian port of Novorossiysk in the Black Sea. According to authorities, the vessel—operated by Maran Gas Maritime—was not carrying cargo at the time of the strike and continued to navigate safely following the incident.  All 24 crew members on board, including ten Greek nationals, thirteen Filipinos, and one Romanian, were reported to be in good health. The impact caused damage to the starboard side of the ship, but no assistance or towing was required. The tanker remained fully operational, and no environmental pollution was reported.  Greek officials have condemned the attack as dangerous and unacceptable, noting that the incident occurred amid height...
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Canadians Gain More Room to Save with 2025 TFSA Limit

 

The Tax-Free Savings Account (TFSA) contribution limit for 2025 has been set at $7,000, giving Canadians another opportunity to grow their investments tax-free. Since its launch in 2009, the TFSA has become one of the most popular savings tools in the country, offering flexibility and tax advantages that appeal to both short-term savers and long-term investors.

For those who have never contributed to a TFSA and were eligible since the beginning, the total cumulative contribution room now stands at $102,000. This allows Canadians to deposit a significant amount into their accounts without worrying about taxes on investment gains, dividends, or withdrawals.

One of the TFSA’s biggest advantages is that withdrawals are tax-free and the amount withdrawn is added back to your contribution room the following year. This makes it ideal for saving toward major purchases, retirement, or even emergency funds. Unlike RRSPs, contributions are not tax-deductible, but the growth inside the account is sheltered from taxation.

The TFSA also allows Canadians to hold a wide range of investments, including stocks, bonds, ETFs, mutual funds, and cash savings. With the 2025 limit unchanged from 2024, the steady increases over the years reflect the government’s effort to keep pace with inflation while encouraging personal savings.

In summary, the 2025 TFSA limit of $7,000 provides Canadians with more room to build wealth tax-free. Whether used for short-term goals or long-term planning, the TFSA remains a cornerstone of smart investing and saving strategies.

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