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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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Trump Picks Pam Bondi for Attorney General as Matt Gaetz Withdraws Amid Scandal

 

Former President Donald Trump has tapped former Florida Attorney General Pam Bondi to serve as his Attorney General in his 2024 presidential campaign’s proposed Cabinet. The announcement comes after Rep. Matt Gaetz withdrew from consideration amid allegations of sexual misconduct, which he has consistently denied.

Bondi, a staunch Trump ally, served as Florida’s Attorney General from 2011 to 2019 and was a prominent figure in Trump’s impeachment defense team in 2020. Known for her conservative stance on legal and social issues, Bondi’s appointment signals a continuation of Trump’s alignment with loyalists in key roles.

Other Key Cabinet Picks

Trump has also outlined several other choices for his potential Cabinet. These include:

  • Mike Pompeo as Secretary of State: Pompeo previously held the position during Trump’s first term, where he spearheaded diplomatic efforts like the Abraham Accords.
  • Larry Kudlow as Treasury Secretary: Kudlow, Trump’s former economic advisor, is a prominent advocate for supply-side economics.
  • Rick Perry as Energy Secretary: Perry, a former Texas governor, held this position during Trump’s earlier administration and remains a proponent of fossil fuel development.

Gaetz, a controversial figure in the Republican Party, withdrew his name after facing renewed scrutiny over past allegations of sexual misconduct. The claims have resurfaced in the wake of Trump’s consideration of him for the Attorney General post, despite Gaetz’s continued denials.

As Trump moves forward with his campaign, his Cabinet selections underline his strategy of leaning on familiar faces and staunch allies to help shape his policy direction.


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