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U.S. Midterms Tuesday: What the Vote Could Mean for the Loonie, Tariffs and Your Portfolio

  Canadian Money Brief | Feature U.S. Midterms Tuesday: What the Vote Could Mean for the Loonie, Tariffs and Your Portfolio By MoneySavings.ca | Published November 1, 2026 Americans vote Tuesday in elections that will fill all 435 House seats and 35 Senate seats. Canadians don't get a ballot, but we do get the consequences: a loonie that swung from an 18-month low to a six-week high in about two weeks, a tariff fight that has put 50% duties on roughly US$20 billion of our exports, and a lot of U.S. stock sitting inside our TFSAs and RRSPs. Here is how to think about all of it without trying to guess the winner. The short version: Nobody can reliably trade an election result. Forecasters lean toward Democrats winning the House, with the Senate closer. But history says the bigger market moves tend to come in the months after the vote, not on election night. For Canadians, the useful steps are practical: convert U.S. dollars in pieces, know how much U.S. stock you hold, and don't...
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Starmer Leads Renewed Push for Ukraine Peace at London Summit

 

British Prime Minister Keir Starmer has taken a bold step in the pursuit of peace in Ukraine, hosting a high-stakes summit in London. The gathering brought together leaders from across Europe, NATO, and Ukraine, including Ukrainian President Volodymyr Zelensky. The summit's primary focus was to strengthen Europe's role in supporting Ukraine amidst its ongoing conflict with Russia.

Starmer emphasized the importance of European unity and proposed a "coalition of the willing" to expedite peace efforts. This initiative comes in the wake of a tense exchange between Zelensky and U.S. President Donald Trump, which underscored the urgency of finding alternative sources of support for Ukraine. Starmer's plan includes bolstering military aid, providing economic assistance, and ensuring long-term security guarantees for Ukraine.

The summit also highlighted the need for Europe to step up its defense capabilities, with Starmer advocating for a collaborative approach to peacekeeping. As the conflict enters its third year, the London summit marks a critical moment in the global effort to secure a lasting resolution for Ukraine.

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