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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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Catastrophic Flooding in Nigeria Claims 151 Lives, Displaces Thousands

 

A devastating flood has submerged the town of Mokwa in north-central Nigeria, leaving at least 151 people dead and displacing more than 3,000 residents. The disaster, triggered by heavy rainfall, affected 500 households across three communities, with homes submerged and only rooftops visible above the water.

The flooding struck in the early hours of Friday, catching many residents off guard. Emergency response teams have been deployed, with search-and-rescue operations ongoing. Nigerian President Bola Tinubu has activated the national emergency response center to provide immediate relief, including temporary shelter and essential supplies.

Mokwa, a key market town where traders from the south purchase agricultural goods from northern farmers, has suffered extensive damage. Residents mourn the loss of lives and livelihoods, with stored farm produce destroyed by the rising waters.

Nigeria is prone to seasonal flooding, exacerbated by climate change and excessive rainfall. In 2022, the country experienced its worst flooding in over a decade, claiming more than 600 lives and displacing 1.4 million people. 

Authorities continue to assess the damage and provide aid to affected communities, as the nation grapples with yet another tragic natural disaster.

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