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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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U.S. Launches Major Strike on Kharg Island, Hitting Over 90 Iranian Military Targets

 

This is a view of the pipes and a tanker on Kharg jetty in Iran, the largest in the world, seen July 1971. 


The United States carried out a large-scale precision strike on Iran’s Kharg Island late Friday, targeting more than 90 Iranian military sites, according to U.S. Central Command. The operation focused on naval mine storage facilities, missile bunkers, and other strategic military positions while deliberately avoiding damage to the island’s vital oil infrastructure. 

Kharg Island, a critical hub responsible for the majority of Iran’s crude oil exports, has become a focal point in rising regional tensions. While the strike successfully neutralized key military assets, CENTCOM emphasized that oil facilities were preserved to prevent further destabilization of global energy markets. 

Iranian state media acknowledged the attack but reported no harm to oil terminals, warning that any future threats to its energy infrastructure could provoke retaliation. The strike marks one of the most significant escalations in the ongoing conflict, underscoring the strategic importance of Kharg Island in both military and economic terms. 

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