Skip to main content

Featured

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...

article

Global Stock Market Plunge: Nasdaq Futures Sink 4%, Dow Futures Tumble


The global stock market is experiencing a significant sell-off today, with major indices plummeting amid growing concerns over the health of the U.S. economy.

Nasdaq 100 futures have dropped nearly 5%, while Dow Jones Industrial Average futures have cascaded down by 800 points, equivalent to a 4% decline. The S&P 500 futures are also down by almost 3%. This sharp decline follows Friday’s disappointing U.S. jobs report, which has intensified fears that the Federal Reserve may have delayed cutting interest rates for too long.

The sell-off is not confined to the U.S. markets. In Asia, Japan’s Nikkei 225 suffered its largest one-day drop ever, plunging over 12%. European markets are also feeling the pressure, with the Stoxx Europe 600 down more than 3%.

Major tech stocks are among the hardest hitApple has fallen over 6% following news that Berkshire Hathaway has halved its stake in the companyNvidia and Tesla have also seen significant declines, dropping 10% and 8% respectively. The cryptocurrency market is not immune either, with Bitcoin sinking more than 15%.

Investors are flocking to safer assets, driving up the prices of U.S. Treasuries and gold. The benchmark 10-year Treasury yield has fallen below 3.8%, and gold futures have risen as traders seek refuge from the market turmoil.

As the week progresses, all eyes will be on the Federal Reserve and upcoming economic data, particularly the weekly unemployment claims due on Thursday. The market’s reaction to these developments will be crucial in determining whether this sell-off marks the beginning of a more prolonged downturn.


Comments