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Canada's Economy Is Slowing: 5 Money Moves to Make Before Year-End

  Canadian Money Brief | October 22, 2026 Canada's economic outlook has weakened, and that is a good reason to take a fresh look at your finances before the end of the year. The Parliamentary Budget Officer's October outlook projects real GDP growth of just 0.9% in 2026, down from its earlier forecast of 1.1%. The report points to changing trade conditions and U.S. tariffs as key pressures. This does not mean a recession is guaranteed. But when the economy faces uncertainty, a few practical steps can help households stay prepared and avoid unnecessary costs. 1. Review your monthly budget Check your last two or three months of bank and credit-card statements. Look for subscriptions you no longer use, recurring fees, food waste, and purchases that can be delayed. Even small cuts can free up cash for savings or debt repayment. Try this: Choose one spending category to reduce this month and move the money you save into a separate savings account. 2. Build or top up your emergency ...
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Fundraising Halt: Biden's July Donations Take a Dive

 

In a surprising turn of events, President Joe Biden's fundraising efforts have hit a significant roadblock. Several key fundraisers for Biden's reelection campaign have been put on hold as July donations have seen a sharp decline. 

This sudden drop in financial support has raised concerns among Democratic sources involved in the events. The Biden Victory Fund has also issued a memo instructing a pause in donor calls, signaling a potential shift in campaign strategy. 

Despite these challenges, House Democrats have managed to secure a substantial fundraising haul, indicating a complex financial landscape for the party. The Biden campaign's difficulties come at a critical juncture, with the reelection team bracing for a seismic fundraising hit following a recent debate that has taken a toll on operations. 

The situation has led to a growing apprehension within the party, with some advisers and operatives expressing fears that Biden's fundraising is 'cratering' amid a slowdown in both large and small donor contributions. As the campaign navigates this financial turbulence, the implications for Biden's reelection prospects remain uncertain.

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