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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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Federal Judge Halts Trump’s Birthright Citizenship Order Nationwide

Demonstrators holds up a banner during a citizenship rally outside of the Supreme Court in Washington, on May 15, 2025.

In a pivotal legal development, U.S. District Judge Joseph Laplante has blocked former President Donald Trump’s executive order that sought to restrict birthright citizenship for children born to certain immigrant parents. The ruling comes just weeks after the Supreme Court limited the use of nationwide injunctions, but left room for class-action lawsuits to challenge federal policies.

Judge Laplante certified a class-action suit representing all newborns who would be affected by the order, allowing his injunction to apply nationwide. He described the potential denial of citizenship as “irreparable harm,” calling birthright citizenship “the greatest privilege that exists in the world”.

Trump’s order, issued earlier this year, aimed to deny automatic citizenship to children born in the U.S. unless at least one parent is a citizen or lawful permanent resident. Critics argued the move violated the 14th Amendment, which guarantees citizenship to all persons born or naturalized in the United States.

The judge’s decision is temporarily stayed for seven days to allow the Trump administration to appeal. Legal experts anticipate further challenges as the case moves through the courts, potentially setting the stage for another Supreme Court showdown.

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