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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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How to Avoid Breaking the Bank This Holiday Season

The holiday season is a time of joy, celebration and generosity, but it can also be a time of stress, anxiety and debt. If you are worried about overspending and ruining your budget, here are some tips on how to avoid breaking the bank this holiday season.

1. Set a realistic budget and stick to it. Before you start shopping, make a list of all the expenses you expect to have, such as gifts, food, travel, decorations and entertainment. Then, allocate a specific amount of money for each category and track your spending as you go. Try not to use credit cards or loans to cover your expenses, as they will only increase your debt and interest payments.

2. Shop smart and compare prices. Don't buy the first thing you see or fall for impulse purchases. Do some research online and compare prices from different stores and websites. Look for discounts, coupons, sales and free shipping offers. You can also use apps and tools that help you find the best deals and save money.

3. Be creative and make your own gifts. Homemade gifts are not only cheaper, but also more personal and meaningful. You can use your skills and talents to create something unique and special for your loved ones, such as baked goods, crafts, art, jewelry, photos or videos. You can also offer your time and services as a gift, such as babysitting, cooking, cleaning or tutoring.

4. Plan ahead and avoid last-minute shopping. Last-minute shopping can lead to stress, panic and overspending. To avoid this, start planning and shopping early, preferably before December. This way, you will have more time to find the best deals, avoid crowds and shipping delays, and enjoy the holiday spirit.

5. Remember the true meaning of the holiday season. The holiday season is not about how much money you spend or how many gifts you give or receive. It is about spending quality time with your family and friends, expressing your gratitude and appreciation, and celebrating your traditions and values. Don't let the pressure of consumerism ruin your happiness and peace of mind.

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