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Black Friday Nov. 27: Wait for It or Skip It? Canadians Plan to Spend 6.5% Less

  CANADIAN MONEY BRIEF • NOVEMBER 14, 2026 Black Friday lands on Nov. 27, and nearly half of Canadians have been holding off purchases to wait for it. But with budgets shrinking and borrowing costs higher, waiting only pays if the deal is real and the bill gets paid. Quick take: Canadians plan to spend an average of $911 this holiday season, down 6.5% from last year. Black Friday is still the day most plan around. The smart move is not to skip it or blindly chase it, but to decide before the sales what you need, what it should cost, and how you'll pay. Budgets are shrinking, but Black Friday isn't The Retail Council of Canada and Leger surveyed 2,500 Canadians between Aug. 21 and Sept. 4. The average planned holiday budget came in at $911 , down $64 from $975 a year ago. More than half of respondents (56%) said inflation or economic instability is weighing on their outlook. Yet the big sale days are doing the opposite of shrinking. 88% rank Black Friday among their top three...

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UN General Assembly Rejects U.S. Resolution on Ukraine War, Approves European-Backed Proposal

 

In a significant development at the United Nations, the General Assembly has rejected a U.S.-backed resolution urging an end to the war in Ukraine without mentioning Russian aggression. Instead, the assembly approved a European-backed Ukrainian resolution demanding Russia immediately withdraw its forces from Ukraine.

The U.S. resolution, which failed to gain approval, was seen as a setback for the Trump administration. The resolution aimed to bring a durable end to the conflict but did not explicitly address Russia's invasion of Ukraine. The assembly's decision reflects the ongoing tensions between the U.S. and Ukraine, as well as the strain in the transatlantic alliance over the Trump administration's approach to engagement with Moscow.

The European-backed Ukrainian resolution, which passed with a vote of 93-18 and 65 abstentions, emphasizes the need for Russia to respect Ukraine's sovereignty and territorial integrity. Ukrainian Deputy Foreign Minister Mariana Betsa stated that her country is exercising its "inherent right to self-defense" following Russia's invasion, which violates the U.N. Charter.

U.S. deputy ambassador Dorothy Shea acknowledged that multiple previous U.N. resolutions condemning Russia and demanding the withdrawal of Russian troops have failed to stop the war. She emphasized the need for a resolution marking the commitment from all U.N. member states to bring a durable end to the conflict.

The dueling resolutions highlight the complexities and challenges in addressing the ongoing war in Ukraine and underscore the importance of international cooperation in seeking a peaceful resolution.



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