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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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NATO Urges Thorough Probe into Azerbaijan Airlines Crash

 

 NATO has called for a comprehensive investigation into the tragic crash of an Azerbaijan Airlines flight that killed 38 people near Aktau, Kazakhstan. The incident occurred on December 25, 2024, when an Embraer 190 aircraft, en route from Baku to Grozny, crashed shortly after diverting from an area in Russia.

NATO spokesperson Farah Dakhlallah expressed condolences, saying, "Our thoughts and prayers are with the families and victims of Azerbaijan Airlines flight J28243. We wish those injured in the crash a speedy recovery and call for a full investigation." The crash has left 29 survivors, with many hospitalized and receiving medical care.

The cause of the crash remains unknown, and Kazakh authorities have declared December 26 a day of mourning in Azerbaijan. NATO's call for a thorough investigation underscores the need for clarity and accountability in the wake of this devastating event.



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