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How Canadian Savers Can Protect Their Money in 2026

As 2026 unfolds, Canadian savers are navigating a financial landscape shaped by falling interest rates, persistent living‑cost pressures, and evolving tax‑advantaged opportunities. Experts say this is the year to be intentional, strategic, and proactive with your money. Reevaluate Your Savings Accounts Interest rates have been trending downward, and many high‑interest savings accounts have quietly reduced their payouts. GIC rates remain more stable, but they too are expected to soften as rate cuts continue. What to do now: Check the current rate on every savings account you hold Compare alternatives and switch if your rate has dropped significantly Consider laddering GICs to lock in competitive yields while they’re still available Make the Most of Your TFSA The Tax‑Free Savings Account remains one of the most powerful tools for Canadians. With annual contribution room increasing over time, it’s an ideal place to shelter both short‑term savings and long‑term investments. Why...

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Market Optimism Prevails: Global Shares Soar Following Reassuring Fed Chief's Speech

                         


In today's stock market action, global shares have predominantly surged following a speech by the Federal Reserve chief. The market sentiment has been largely positive as investors react to the comments made by the head of the Federal Reserve regarding the central bank's stance on monetary policy and its commitment to supporting economic recovery. The speech emphasized a balanced approach, aiming to ensure sustained economic growth while closely monitoring inflationary pressures. This assurance from the Fed has provided reassurance to investors who had been anxiously observing signs of potential policy tightening.

Equity markets in various regions, including Asia, Europe, and the United States, have responded favorably to the speech. The prospect of continued accommodative measures, coupled with the Fed's willingness to adapt its strategies based on evolving economic conditions, has boosted investor confidence. Tech stocks and sectors sensitive to interest rates, which had experienced heightened volatility in recent weeks, saw gains as concerns eased. However, analysts are also cautious about the ongoing global supply chain challenges and the potential for sporadic market fluctuations in the coming days as economic indicators are closely monitored for any shifts in the recovery trajectory. Overall, the Federal Reserve chief's speech has injected a sense of optimism into the markets, leading to a broad-based rise in global shares.






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