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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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Canada's Economy Surpasses Expectations with 2.2% Growth in Q1

 

Canada's economy grew at an annualized rate of 2.2% in the first quarter of 2025, exceeding market forecasts. The growth was primarily driven by strong exports, as businesses rushed to stockpile goods ahead of anticipated tariffs. 

Despite the positive headline figure, domestic demand showed signs of weakness, with household spending slowing to 0.3%, compared to 1.2% in the previous quarter. Business investment in machinery and equipment, however, provided a boost, increasing by 5.3%. 

The latest GDP data comes just days before the Bank of Canada's rate decision, which could influence monetary policy moving forward. Analysts had expected a 1.7% growth rate, making the 2.2% expansion a welcome surprise. 

With uncertainty surrounding trade policies and consumer spending trends, economists will be watching closely to see if this momentum continues into the second quarter.

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