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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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Thousands of Syrians Begin Journey Home from Turkey

 

Hundreds of Syrian refugees gathered at the Cilvegozu and Oncupinar border crossings in southern Turkey on Monday, eagerly awaiting their return home following the fall of President Bashar Assad’s government. Many arrived at the border gates at daybreak, wrapped in blankets and coats, some even setting up makeshift fires to keep warm.

Among the crowd was 28-year-old Muhammed Zin, who fled Damascus in 2016 and has been living in Istanbul. “Assad was shooting us, killing us,” he told the Associated Press. “I will return to Syria now. Thank God, the war is over,” he said.

Seer Ali, 18, who left Damascus six years ago, expressed similar sentiments. “We are very happy, very happy. Not just me, but everyone, all of us Syrians here are very happy,” he said. “Everyone will return, no one will stay here. They will all go to their families.”

Turkish officials have not disclosed the exact number of Syrians who have returned since Assad’s downfall. Authorities have set up checkpoints to ensure only those with proper documentation can advance to the border gate. The fall of Assad has sparked widespread joy among Turkey’s three million Syrian refugees, many of whom have taken to the streets to celebrate.

Turkish Foreign Minister Hakan Fidan stated, “We will continue our efforts to ensure the safe and voluntary return of Syrians and to rebuild the country.”

As the first major wave of refugees begins their journey home, the future remains uncertain, but hope and excitement fill the air.




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