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Man charged in alleged arson outside MP’s Toronto home now charged in another fire

Global News - Thu, 10/01/2026 - 20:20
They say the home was destroyed and neighbouring homes were seriously damaged, while others were doused in an accelerant but didn't ignite.
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Death penalty bill for forest arsonists clears Algeria lower house

Al Jazeera News - Thu, 10/01/2026 - 20:18
Human rights organisations accused Algiers of using the law to target political opposition groups.
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Toronto hospital to greatly expand permanent housing program that reduces ER visits

Global News - Thu, 10/01/2026 - 20:18
Dr. Andrew Boozary of the University Hospital Network says it's a more humane approach to helping the vulnerable and is also cost effective.
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Agent: Raptors sign Shead to extension

Global News - Thu, 10/01/2026 - 20:17
The Toronto Raptors have signed guard Jamal Shead to a three-year, US$24-million contract extension, Shead's agent posted on his X account Thursday.
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Treasury says over 60 million children have been auto-enrolled in Trump Accounts

Yahoo News - Thu, 10/01/2026 - 20:16

The Treasury Department said that over 60 million children have been automatically enrolled in Trump Accounts, according to guidance filed with the Federal Register. 

"Millions of children have already enrolled in Trump Accounts. With automatic enrollment, over 60 million more eligible children now have an account ready to be claimed," Treasury Secretary Scott Bessent said in a statement.

Why are children being automatically enrolled? 

The idea behind Trump Accounts is to give children a head start on building wealth. The accounts are a new type of tax-deferred individual retirement account for children. Any eligible child under 18 with a valid Social Security number can open an account, while U.S. citizens born between 2025 and 2028 may also qualify for a one-time $1,000 contribution from the government. 

Until now, parents or guardians were required to sign up for accounts on their children's behalf. Participation has been low, however.

According to a study by the national nonprofit Commonwealth, participation rates remain low, with families citing concerns about the tax implications of these accounts, confusion about how to set one up, a lack of clarity about eligibility, and a lack of trust in the administration as reasons for not opening an account.

So far, just 5% of low- to moderate-income families eligible for a 530A Trump Account have actually opened one. 

Read more: Trump Accounts could help lower-income families most. Few have signed up.

"The complexity of eligibility criteria, contribution limits, income phaseouts, and withdrawal rules across more than a dozen accounts discourages participation, particularly among households with limited time, low financial literacy, or insufficient outside savings for emergencies," said Adam Michel, director of tax policy studies at the Cato Institute, in a policy analysis. "The result is a system used primarily by those best equipped to navigate it."

Read more: Trump Account investment options, rules, and guidelines: What you need to know

Who is automatically enrolled, and how to claim your account 

Every eligible child under 18 with a valid Social Security number now has a Trump Account. It's up to parents and guardians to claim their child's account. 

Parents can claim an account and the $1,000 seed contribution for eligible children by downloading the official Trump Accounts app, verifying their identity and relationship to the child, reviewing the child's information, and accepting the account terms.

Read more: Trump Accounts app: How to sign up and get started

Keep track of your finances for free with My Money

This article originally appeared on Yahoo Personal Finance at https://finance.yahoo.com/personal-finance/investing/article/treasury-says-over-60-million-children-have-been-auto-enrolled-in-trump-accounts-171631006.html
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Alto high-speed rail could cost up to $113B: budget watchdog

iPolitics News - Thu, 10/01/2026 - 20:15

Martin Imbleau, president and CEO of Alto, second from right, points at Ottawa Mayor Mark Sutcliffe as Minister of Transport and Leader of the Government in the House of Commons, Steven MacKinnon, right, looks on following an announcement about the next steps for high-speed rail during a press conference in Gatineau, Que., on Friday, Dec. 12, 2025. THE CANADIAN PRESS/Sean Kilpatrick

Government has routinely put the cost between $60B and $90B.
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Lawyers challenge Montreal bylaw banning insults against city employees

Global News - Thu, 10/01/2026 - 20:15
A group of lawyers has filed a legal challenge of a new Montreal bylaw banning insults against city employees, including police. 
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OpenAI parts ways with 3 researchers it says mishandled sensitive information

CBS News - Thu, 10/01/2026 - 20:13
OpenAI has parted ways with three researchers, who it said violated company protocols for handling sensitive information
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How AI is reshaping everyday life in China

Al Jazeera News - Thu, 10/01/2026 - 20:12
How AI is reshaping everyday life in China
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AI agent attempted to hack Library and Archives Canada, says U.S. research group

iPolitics News - Thu, 10/01/2026 - 20:12

Library and Archives Canada (LAC) in Ottawa on Friday, April 17, 2026. THE CANADIAN PRESS/Sean Kilpatrick

Transluce posted an incident report Wednesday detailing what it describes as "aggressive attempts" to access public data on Canadian and U.S. government web pages.
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Treasury sanctions operation targets Iran's auto, rail industries in latest economic attack

CNBC News - Thu, 10/01/2026 - 20:11
"Operation Economic Outcast" was touted by President Donald Trump as Iran's "economic D-Day" when Treasury Secretary Scott Bessent unveiled it in August.
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Phil Mickelson’s reps say he sought treatment for family trauma and addiction

The Guardian News - Thu, 10/01/2026 - 20:11
  • Golfer has spoken of gambling issues in past

  • Six-time major winner has not played since March

Phil Mickelson sought treatment earlier this year for “family trauma and addiction”, his representatives confirmed to multiple outlets on Wednesday.

The 56-year-old golfer voluntarily entered a treatment facility and has since returned home. Mickelson’s representatives did not say when he sought treatment or how long he stayed at a facility.

Continue reading...
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Israel’s Supreme Court advises Arab party leader to drop election bid

Al Jazeera News - Thu, 10/01/2026 - 20:09
Central Elections Committee voted last week to bar both main Arab lists and two candidates from parliamentary election.
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Export Development Canada is opening 3 new offices in Europe

Global News - Thu, 10/01/2026 - 20:05
The move comes amid deepening ties between Canada and the European Union, including a proposal to make Canada the EU’s first 'associate member.'
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