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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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Hogue Inquiry Reveals 'Problematic' Conduct Among Parliamentarians

 

The Hogue inquiry has concluded that while some parliamentarians exhibited "problematic" conduct, none were found to have committed treason. The inquiry, led by Commissioner Marie-Josée Hogue, was established to investigate allegations of foreign interference in Canadian elections. The final report, released today, provides recommendations on how federal agencies can better protect against such meddling.

The inquiry's findings come amid a federal Liberal leadership race and the possibility of a national election in the near future. The report highlights the need for improved information sharing among federal agencies and better protection for vulnerable communities from transnational repression.

In an interim report issued last May, Hogue stated that interference by foreign entities did not affect the overall results of the last two general elections. However, the final report acknowledges that some parliamentarians were "semi-witting or witting" participants in foreign interference efforts.

The inquiry's recommendations aim to bolster election integrity and ensure that Canadian democratic processes remain robust and secure. Commissioner Hogue emphasized the importance of transparency and accountability in addressing these issues, while also noting that some information cannot be disclosed publicly due to national security concerns.

The release of the Hogue inquiry's final report marks a significant step in addressing foreign interference in Canadian politics and safeguarding the nation's democratic institutions.


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