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5 Things to Know Today: Midterms Day, Oil Plunge, Trade Deal, Budget (Nov 3)

  Canadian Money Brief • Tuesday, November 3, 2026 It’s Election Day in the United States, oil just had its biggest one-day drop since late July, and Ottawa tables its budget on Thursday. Here are five things to know today, and what each one means for your wallet. 1. U.S. midterms: Canada is watching Americans vote in the midterm elections today. Markets are expecting Democrats to win the House of Representatives, while control of the Senate is still uncertain. Trade policy has been a campaign issue, especially in border states such as Michigan and Maine, where Republican candidates have faced pressure over tariffs that have hurt local businesses. What it means for you: The result could move the loonie, the TSX and the tariff talks over the coming days, but one election night is rarely a reason to rebuild your TFSA or RRSP. If you need to convert Canadian dollars to U.S. dollars soon, expect choppy exchange rates. 2. Oil plunges on Iran diplomacy, then bounces Oil fell sharply o...
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Israel Detains Director of Northern Gaza's Last Operating Hospital Amid Ongoing Conflict

In a dramatic escalation of the ongoing conflict, Israeli forces detained Dr. Hussam Abu Safiya, the director of Kamal Adwan Hospital, one of the last functioning medical facilities in northern Gaza. The arrest comes amid a series of overnight strikes that killed nine people, including children.

According to Gaza's Health Ministry, Israeli troops stormed the hospital on Friday, forcing staff and patients to evacuate in harsh winter conditions. Reports indicate that Dr. Abu Safiya and dozens of other hospital staff were taken to an interrogation center. The Israeli army has not responded to questions regarding the detention.

The hospital, which has been repeatedly targeted over the past three months, has seen its infrastructure severely damaged. The Health Ministry reported that a recent strike killed five medical personnel, further crippling the already strained healthcare system in Gaza.

The World Health Organization has condemned the raid, stating that it has put the last major health facility in northern Gaza out of service. The organization has called for an immediate ceasefire and the protection of healthcare facilities and personnel.

The conflict continues to escalate, with both sides suffering significant casualties. The international community has expressed growing concern over the humanitarian crisis unfolding in Gaza.



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