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U.S. Midterms Tuesday: What the Vote Could Mean for the Loonie, Tariffs and Your Portfolio

  Canadian Money Brief | Feature U.S. Midterms Tuesday: What the Vote Could Mean for the Loonie, Tariffs and Your Portfolio By MoneySavings.ca | Published November 1, 2026 Americans vote Tuesday in elections that will fill all 435 House seats and 35 Senate seats. Canadians don't get a ballot, but we do get the consequences: a loonie that swung from an 18-month low to a six-week high in about two weeks, a tariff fight that has put 50% duties on roughly US$20 billion of our exports, and a lot of U.S. stock sitting inside our TFSAs and RRSPs. Here is how to think about all of it without trying to guess the winner. The short version: Nobody can reliably trade an election result. Forecasters lean toward Democrats winning the House, with the Senate closer. But history says the bigger market moves tend to come in the months after the vote, not on election night. For Canadians, the useful steps are practical: convert U.S. dollars in pieces, know how much U.S. stock you hold, and don't...

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Your daily horoscope: August 16, 2023

 


HOROSCOPE IF TODAY IS YOUR BIRTHDAY

Not only is there a new moon on your birthday this year but cosmic activity in the career area of your chart will bring opportunities to shine on the work front as well. What can you build that will be a monument to your genius for years to come?

ARIES (March 21 - April 20):

Someone on the work front has been making life difficult for you of late and if you don’t speak up about it now they will continue to make your life a misery. Get angry if you have to – let them know you are not playing games.

TAURUS (April 21 - May 21):

Mars linked to Uranus across two of the most dynamic areas of your chart means you must go all out to show the world what you are capable of. Creatively and romantically you will be at the top of your game over the next 24 hours.

GEMINI (May 22 - June 21):

It would appear that someone has been taking advantage of your sympathetic nature and you must put a stop to it right away. It won’t be enough just to talk tough today, you must do something that makes them realize you mean business.

CANCER (June 22 - July 23):

You will find it incredibly easy to win people round to your way of thinking today, so take a deep breath and then explain to them why your ideas are better than everyone else’s. Your powers of persuasion are now at a peak.

LEO (July 24 - Aug. 23):

If you make a point of putting other people’s needs ahead of your own today you will find that your own needs are taken care of as well. The new moon in your sign will encourage you to believe that even enemies can be turned into allies.

VIRGO (Aug. 24 - Sept. 23):

Mars in your sign means you have energy to spare now and if you are smart you will use it to help friends and loved ones realize their ambitions. Encourage them to be more adventurous and to believe that dreams really do come true.

LIBRA (Sept. 24 - Oct. 23):

A money matter or business issue must be resolved immediately. If you put it off any longer it will be taken out of your hands and there is no guarantee that the decisions others take will benefit you personally. Act now, today, this very minute.

SCORPIO (Oct. 24 - Nov. 22):

Today’s Mars-Uranus link will make it easy for you to open up and let friends and family members know how much they really mean to you. It won’t be enough just to tell them they are special, you must find ways to make them feel special too.

SAGITTARIUS (Nov. 23 - Dec. 21):

Your dedication and diligence has not gone unnoticed and it is more than possible that by the end of the day someone in a position of power will be singing your praises. You deserve every word of it too, so don’t pretend to be modest.

CAPRICORN (Dec. 22 - Jan. 20):

Someone you meet while on the move today will get your heart beating at a rate of knots and it could be the start of a beautiful friendship, maybe more. Don’t try to push it though – you will know soon enough if it’s a fated attraction.

AQUARIUS (Jan. 21 - Feb. 19):

Family and financial matters are under excellent stars – in fact everything of a partnership nature should go well for you now. You don’t have to do anything special to impress other people, just be yourself and let them love what they see.

PISCES (Feb. 20 - Mar. 20):

Partnerships, friendships and social activities will bring you a great deal of joy over the next 24 hours, so don’t even think of staying at home by yourself. The more you get out into the world the more the world will fall in love with you.

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