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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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Ex-Prosecutor Identifies Game-Changing Testimony in Trump’s Hush Money Trial


In a dramatic turn of events during the trial related to hush money payments, former U.S. Army prosecutor Glenn Kirschner highlighted a piece of testimony that could haunt Donald Trump. The trial centers around allegations that Trump falsified business documents to conceal payments made to porn actor Stormy Daniels before the 2016 election.

On election night in 2016, attorney Keith Davidson, who represented Stormy Daniels at the time, texted then-National Enquirer editor Dylan Howard with a revealing question: “What have we done?” This message came as it became increasingly apparent that Trump would win the election. The Enquirer had also engaged in a “catch and kill” initiative to bury potentially damaging stories about Trump.

Kirschner described this testimony as “breathtaking” and emphasized that it directly undermines one of Trump’s key defense assertions. Davidson’s acknowledgment of his actions potentially impacting the election result suggests that they recognized the damage caused by their conduct. Moreover, it’s clear that the hush money payments were intended to influence the election, not merely to conceal information from Melania or Trump’s family.

This revelation could have far-reaching consequences for Trump’s criminal responsibility. It challenges the defense’s attempts to distance Trump from any wrongdoing. As the trial unfolds, the impact of this admission remains to be seen.


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