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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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Tragedy Strikes New Orleans: Unraveling the Details of the New Year's Day Attack

 

In the early hours of New Year's Day, a devastating attack unfolded on Bourbon Street in New Orleans, leaving 15 people dead and dozens injured. The suspect, identified as Shamsud-Din Jabbar, a 42-year-old U.S. citizen from Texas and an Army veteran, drove a rented pickup truck into a crowd of revelers before engaging in a shootout with police. Jabbar was killed in the exchange of gunfire.

The FBI has confirmed that Jabbar acted alone and was inspired by ISIS. In the hours leading up to the attack, Jabbar posted videos on Facebook declaring his support for the terrorist organization. Authorities are also investigating a possible connection to a vehicle explosion outside the Trump International Hotel in Las Vegas, though no definitive link has been established.

The attack has left the city in shock, with families and friends mourning the loss of their loved ones. Among the victims were an aspiring nurse, a former football star, and a father of two. The FBI and local law enforcement continue to investigate the incident, reviewing surveillance footage and following up on tips from the public.

As New Orleans begins to heal from this tragedy, the community remains resilient, coming together to support one another in the face of adversity.



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