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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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Canada Post Workers Issue 72-Hour Strike Notice

 

The Canadian Union of Postal Workers (CUPW) has issued a 72-hour strike notice to Canada Post, putting the postal service on alert for potential disruptions starting Friday, November 15th. This notice affects both urban and rural mail carriers, as negotiations for a new contract have yet to yield an agreement.

The union’s decision comes after nearly a year of bargaining, with key issues such as wage increases, pensions, and medical leave remaining unresolved. Despite Canada Post’s offer of an 11.5% wage increase over four years, the union has rejected the proposal, citing insufficient progress on other critical matters.

CUPW President Jan Simpson emphasized that while the union is prepared to strike, the decision will depend on Canada Post’s actions in the coming days. The potential strike could significantly impact mail and parcel delivery, especially during the busy holiday season.

Canada Post has expressed concerns about the financial implications of a strike, noting that ongoing labor disputes could further strain its already challenging financial situation. The company reported significant losses in recent years, attributed to increased competition and higher delivery costs.

As the deadline approaches, both parties remain hopeful for a resolution that will prevent a disruption in services and ensure fair working conditions for postal workers across Canada.


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