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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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Trans Mountain's $1.25-Billion Payment: A Boost for Canada's Energy Vision

Trans Mountain Corp. is set to pay the federal government $1.25 billion in 2025, marking a significant financial milestone for the federally owned oil pipeline. This payment is largely attributed to record shipments on the expanded pipeline system and a refinancing deal that has reduced costs.

Since the commercial launch of the expanded pipeline system on May 1, 2024, Trans Mountain has seen an average daily throughput of 757,000 barrels in the first quarter of 2025, reaching 90% capacity in March. The refinancing deal, executed in December 2024, allowed Canada TMP Finance Ltd. to repay $17.9 billion in debt, reducing interest costs and aligning Trans Mountain’s financial structure with industry standards.

Trans Mountain’s chief executive, Mark Maki, emphasized the company’s commitment to supporting Ottawa’s vision of making Canada an energy superpower. With increased revenue and optimized operations, the pipeline is expected to play a crucial role in the country’s energy sector moving forward.

This financial development underscores the pipeline’s growing impact on Canada’s economy and energy infrastructure, setting the stage for further expansion and investment in the years ahead.

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