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Ottawa Wants to Raise Your Deposit Insurance to $250,000: What Changes (and What Doesn’t)

  For more than 20 years, the federal guarantee on your savings has been stuck at $100,000. In Thursday's budget, Ottawa proposed to raise it to $250,000. Here is what would change, what wouldn't, and why you shouldn't move a dollar yet. Today (unchanged since 2005) $100,000 per deposit category Proposed in Budget 2026 $250,000 per deposit category What Budget 2026 actually proposes The Canada Deposit Insurance Corporation (CDIC) protects your deposits if a member bank fails. The budget proposes amendments to the CDIC Act that would do four things: Raise the limit from $100,000 to $250,000 per deposit category, the first increase in more than two decades. Remove the limit entirely for eligible deposits held in registered and tax-free accounts. Today, the limit is $100,000 per account type at each institution. Add temporary high-balance coverage for life events such as selling a home. Require a review of the deposit insurance framework every 10 years. It isn't law yet. ...
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Healthy meals: Salmon with Broccoli and Brown Rice

 


Here's a simple and healthy recipe for Salmon with Broccoli and Brown Rice:

Ingredients:

For the Salmon:

  • 2 salmon fillets
  • 1 tablespoon olive oil
  • 1 teaspoon lemon juice
  • 1 teaspoon garlic powder
  • Salt and pepper to taste

For the Broccoli:

  • 2 cups broccoli florets
  • 2 tablespoons olive oil
  • 1 teaspoon garlic powder
  • Salt and pepper to taste

For the Brown Rice:

  • 1 cup brown rice
  • 2 cups water
  • A pinch of salt


Instructions:

1. Cook the Brown Rice:

  • Rinse the brown rice thoroughly in a fine-mesh strainer.
  • In a medium saucepan, combine the rinsed rice, water, and a pinch of salt.
  • Bring the mixture to a boil, then reduce the heat to low, cover, and simmer for about 45-50 minutes, or until the rice is tender and the water is absorbed.
  • Once done, remove the saucepan from heat and let it sit, covered, for about 5 minutes before fluffing the rice with a fork.

2. Prepare the Broccoli:

  • Preheat your oven to 425°F (220°C).
  • In a mixing bowl, toss the broccoli florets with olive oil, garlic powder, salt, and pepper.
  • Spread the seasoned broccoli out in a single layer on a baking sheet.
  • Roast the broccoli in the preheated oven for 15-20 minutes or until it's tender and slightly crispy at the edges.

3. Cook the Salmon:

  • While the broccoli is roasting, prepare the salmon. In a small bowl, mix together olive oil, lemon juice, garlic powder, salt, and pepper.
  • Place the salmon fillets on a separate baking sheet lined with parchment paper or a greased oven-safe dish.
  • Brush the salmon fillets with the olive oil mixture.
  • Once the broccoli is done, remove it from the oven and set aside. Turn the oven to broil.
  • Place the salmon under the broiler for about 5-7 minutes, or until it flakes easily with a fork and has a nicely browned top.

4. Serve:

  • To serve, divide the cooked brown rice, roasted broccoli, and salmon fillets among plates.
  • You can garnish with lemon wedges and fresh herbs if desired.

Enjoy your delicious and nutritious Salmon with Broccoli and Brown Rice!



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