Skip to main content

Featured

Budget 2026 Lands Nov. 5: What to Do (and Not Do) With Your RRSP and TFSA First

  CANADIAN MONEY BRIEF  |  FEATURE  |  OCT. 23, 2026 The federal budget is 13 days away, tax-reform calls are getting louder, and “act now” headlines are about to pile up. Here’s what is actually confirmed, what is just lobbying, and what to leave alone. Finance Minister François-Philippe Champagne told the House of Commons on Oct. 20 that Budget 2026 will be tabled on Nov. 5 . It is the second budget since the Liberals moved the fiscal plan to the fall, and it lands two days after the U.S. midterm elections. Between now and then, expect a flood of speculation about RRSPs, TFSAs and capital gains. Before you move a dollar, it helps to separate three things: what’s confirmed, what’s being asked for, and what the rules say today. Key dates on your calendar Oct. 28 Bank of Canada rate decision (9:45 a.m. ET) Oct. 29 Ontario fall economic statement Nov. 3 U.S. midterm elections Nov. 5 Federal Budget 2026 Dec. 9 Final Bank of Canada decision of 2026 Mar. 1, 2027 RRSP...

article

Trump's Tariff Gamble: Boom or Bust?

In a bold move, former President Donald Trump has predicted that his sweeping global tariffs will lead to an economic boom for the United States. The tariffs, which impose significant taxes on imports from various countries, are aimed at boosting domestic manufacturing and creating jobs. Trump has emphasized that these measures will "bring back manufacturing jobs" and "restore America's economic glory."

However, the immediate reaction from global markets tells a different story. Financial markets worldwide have experienced sharp declines, with major indices like the S&P 500 and Nasdaq dropping significantly. Economists warn that the tariffs could lead to higher inflation and slower economic growth, potentially offsetting any benefits from increased domestic production.

While Trump remains optimistic about the long-term impact of his policies, critics argue that the tariffs could strain international relations and disrupt global supply chains. The coming months will reveal whether Trump's vision of economic prosperity will materialize or if the tariffs will trigger a recession instead.

Comments