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Democrats Win U.S. Congress: What It Means for Canadian Tariffs and Your Wallet

  Canadian Money Brief • Wednesday, November 4, 2026 Democrats have won control of both the U.S. House and Senate, including seats in states Donald Trump carried by double digits two years ago. For Canadians, the big question is simple: does this end the tariffs? The short answer is not yet. What happened The Associated Press and major U.S. networks called the Senate for Democrats late Tuesday night and the House early Wednesday. Democrats flipped seven Republican-held Senate seats, according to Forbes’ tally of AP calls, including Maine, North Carolina, Iowa, Ohio and Texas. In the House, roughly 75 races were still undecided at last report, and the new Congress does not take over until 2027. Democratic leaders framed the result as a call for change, while news outlets widely described it as a rebuke of President Trump. Trump told the New York Times he was “absolutely willing” to accept the results and said Republicans would work with Democrats. Why it matters in Canada Democrati...
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FBI Investigates Assassination Attempt at Trump Rally

                                         

The FBI is actively investigating the shooting at a Saturday night rally for former President Donald Trump as an assassination attempt. The suspect involved has been identified as 20-year-old Thomas Matthew Crooks from Bethel Park, Pennsylvania. 

The attack occurred during the rally in Butler, Pennsylvania, leaving one attendee dead and critically injuring two others. Trump himself reported being “shot with a bullet that pierced the upper part of my right ear,” and photos and videos showed Secret Service agents swiftly whisking him away, his face bloodied and fist raised. The suspected shooter, who was killed, used an AR-15-style semiautomatic rifle for the attack. 

After being evaluated at a medical facility in Pennsylvania, Trump flew to New Jersey, where he was seen exiting a plane at Newark Liberty International Airport around midnight. 

President Biden condemned the violence, stating, "It cannot be like this. We cannot condone this". The investigation remains ongoing, and authorities have not yet disclosed a motive for the attack.

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