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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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Russia Unleashes Largest Drone Attack on Ukraine Ahead of War's Third Anniversary

In a dramatic escalation of hostilities, Russia launched its largest drone attack on Ukraine since the onset of the war. Ukrainian President Volodymyr Zelenskiy reported that over 200 drones were deployed in an overnight assault, marking the most significant aerial offensive to date.

The Ukrainian air force successfully intercepted 138 of the drones, while another 119 were neutralized through electronic warfare measures. Despite these efforts, damage was reported across five regions, including Dnipropetrovsk, Odesa, Poltava, Kyiv, and Zaporizhzhia.

President Zelenskiy condemned the attack as "aerial terror" and called for unity among Ukraine's allies to secure a "just and lasting peace". He emphasized the need for international support, highlighting the strength of Europe, America, and all partners committed to peace.

The attack comes on the eve of the third anniversary of Russia's full-scale invasion of Ukraine, underscoring the ongoing intensity of the conflict. As the war continues, the resilience of the Ukrainian people and the solidarity of their allies remain crucial in the face of such unprecedented aggression.



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