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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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Israeli Airstrike Eliminates Senior Hezbollah Commander in Southern Lebanon

 

In a significant escalation of hostilities, an Israeli airstrike has killed a high-ranking commander in Hezbollah’s elite Radwan forces, according to security sources. The commander, identified as Habib Maatouk, was targeted in southern Lebanon on Thursday.

Maatouk had recently assumed his position following the death of his predecessor, Ali Ahmed Hassin, who was also killed in an Israeli strike earlier this year. The latest attack is part of ongoing tit-for-tat violence between Israel and Hezbollah, which has intensified since October 2023 when Hezbollah declared a “support front” with Palestinians following a major Hamas attack on southern Israel.

The airstrike hit the border villages of Safad El Batikh and Jmaijmeh, resulting in multiple casualties. Eighteen wounded individuals were taken to Tebnin government hospital, with two reported in critical condition. The conflict has led to significant destruction in Lebanese border towns, reminiscent of the 2006 Israel-Lebanon war.

This incident underscores the fragile and volatile nature of the region, with both sides continuing to engage in aggressive military actions. The international community remains concerned about the potential for further escalation and the humanitarian impact on civilians caught in the crossfire.


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