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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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Your daily horoscope: May 30, 2025

 

You can, if you wish, charm the birds from the trees but if you leave our feathered friends alone and focus instead on your life goals you will soon be flying as high as they are. Why keep your feet on the ground when your prospects are unlimited?

ARIES (March 21 - April 20):

No matter how chaotic the world around you may be at the moment it won’t stop you pushing on towards your ultimate goal. Mind planet Mercury will make it easy for you to focus on what matters to you personally – as for the rest, just ignore it.

TAURUS (April 21 - May 21):

You may not be in the mood to listen to advice but don’t be too stubborn about it because friends and family members can see things that you appear to have missed. Adopting a contrary viewpoint may not be in your best interests.

GEMINI (May 22 - June 21):

The sun’s union with Mercury in your sign will clarify your thinking and enable you to focus with laser-like intensity on what you most need to do. Anyone who thinks you can be persuaded to tone down your ambitions needs their head examined.

CANCER (June 22 - July 23):

You need to get over the fact that something you attempted did not work out the way you intended. Just because you got it wrong does not mean you were wrong to try it. Now move on and try something even more adventurous.

LEO (July 24 - Aug. 23):

You don’t need to be told by others how wonderful you are, you know that already, but it’s nice to be reminded that friends and loved ones value your presence in their lives. Now let them know that you value them every bit as much.

VIRGO (Aug. 24 - Sept. 23):

Mercury, your ruler, joins forces with the sun today, making this the perfect time to get your head together about the direction your life needs to be moving over the next few months. The clearer your career goals the closer you will be to success.

LIBRA (Sept. 24 - Oct. 23):

If you feel the need to rock the boat a bit today by all means do so. You are under no obligation to desist from saying things just because they might upset people of a sensitive disposition. Maybe that’s their problem, maybe they need to toughen up.

SCORPIO (Oct. 24 - Nov. 22):

If you are smart you will readily admit that you don’t know everything and that it’s okay to learn from the people around you. Leave your ego at home today and seek out knowledge that can enrich you both emotionally and financially.

SAGITTARIUS (Nov. 23 - Dec. 21):

You may not be the most cautious member of the zodiac but cosmic activity in your opposite sign means you must take account of what loved ones and work colleagues are doing before pushing ahead with your own objectives. Don’t work against them, work with them.

CAPRICORN (Dec. 22 - Jan. 20):

With so many opportunities available to you now you may be confused as to what is the best route to take. Sit quietly for a bit, away from the hustle and bustle of daily life, and listen to what the intuitive side of your mind has to say.

AQUARIUS (Jan. 21 - Feb. 19):

A Sun-Mercury link in the most dynamic area of your chart means now is the time to organize your thoughts and set yourself goals of a creative nature. The universe is very much on your side at the moment, so don’t hold back in your plans.

PISCES (Feb. 20 - Mar. 20):

You may think you know someone very well but what they do today will shock you into understanding that you have been taking them for granted. Don’t take it personally if they do the opposite of what you suggest. Let them make their own decisions.

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