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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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US Grants 30-Day Waiver Allowing Purchase of Russian Oil Stranded at Sea

MT Mount Fuji, a Russian oil tanker carrying Russian oil, waits to unload near Narara Marine National Park in the Arabian Sea, Gujarat, India, March 11, 2026..

The United States has issued a temporary 30-day sanctions waiver permitting countries to purchase Russian crude oil and petroleum products currently stranded at sea. According to Treasury Secretary Scott Bessent, the move aims to stabilize global energy markets disrupted by the ongoing Iran conflict. The waiver applies specifically to oil loaded on vessels as of March 12 and remains valid until April 11. 

Russia’s presidential envoy Kirill Dmitriev noted that the measure could affect up to 100 million barrels of Russian crude—nearly a full day of global output—highlighting the scale of oil currently in transit. Oil prices eased slightly in Asia following the announcement, reflecting cautious optimism that the waiver may help ease supply pressures amid heightened geopolitical tensions. 

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