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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...
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Toronto Home Sales Dip in March Amidst Fierce Competition, But Prices Climb

 

The Greater Toronto real estate market experienced a nuanced landscape in March. While home sales dipped by 4.5% compared to the previous year, the average home price saw a moderate rise due to intense buyer competition.

Key Insights:

  • Sales Volume: A total of 6,560 homes changed hands in March, down from 6,868 in the same period last year. However, this decline can be partially attributed to the Good Friday holiday, which fell within March this year instead of April.
  • Average Selling Price: Despite the drop in sales volume, the average selling price increased by 1.3% year-over-year, reaching $1,121,615.
  • New Listings: New listings surged by 15% during this period. Homeowners seemed to anticipate an improvement in market conditions as spring approached.
  • First Quarter Trends: The first quarter of 2024 ended with 11.2% higher sales year-over-year and a substantial 18.3% increase in new listings.

Market Outlook:

  • Interest Rates: If borrowing costs decrease later this year, we can expect sales to rise and new listings to be absorbed. This could lead to tighter market conditions, further pushing selling prices upward.

As the Toronto real estate landscape continues to evolve, buyers and sellers must stay attuned to these dynamics. The interplay between demand, supply, and economic factors will shape the market’s trajectory in the coming months.


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