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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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Trump Doubles Tariffs on Steel and Aluminum Imports to 50%

In a bold move aimed at bolstering domestic industry, U.S. President Donald Trump has announced that tariffs on steel and aluminum imports will be doubled from 25% to 50%, effective Wednesday, June 4. Speaking at a rally in Pennsylvania, Trump emphasized that the increased tariffs would protect American steelworkers and ensure the survival of the U.S. steel industry.

Trump also highlighted a planned partnership between U.S. Steel and Japan’s Nippon Steel, which he claims will bring significant investment into American steel production. However, details of the deal remain unclear, and concerns persist among labor unions regarding its impact on workers.

The tariff hike is the latest in Trump’s aggressive trade policies since returning to office in January. While supporters argue that such measures safeguard American jobs, critics warn that they could escalate trade tensions and drive up costs for industries reliant on imported metals.

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