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Canada's Economy Is Slowing: 5 Money Moves to Make Before Year-End

  Canadian Money Brief | October 22, 2026 Canada's economic outlook has weakened, and that is a good reason to take a fresh look at your finances before the end of the year. The Parliamentary Budget Officer's October outlook projects real GDP growth of just 0.9% in 2026, down from its earlier forecast of 1.1%. The report points to changing trade conditions and U.S. tariffs as key pressures. This does not mean a recession is guaranteed. But when the economy faces uncertainty, a few practical steps can help households stay prepared and avoid unnecessary costs. 1. Review your monthly budget Check your last two or three months of bank and credit-card statements. Look for subscriptions you no longer use, recurring fees, food waste, and purchases that can be delayed. Even small cuts can free up cash for savings or debt repayment. Try this: Choose one spending category to reduce this month and move the money you save into a separate savings account. 2. Build or top up your emergency ...
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Radar Glitch Grounds UK Flights, Sparks Nationwide Disruption

 

                                         Members of the public wait in the arrivals hall at Terminal 5 of Heathrow                                                 Airport in London

A technical failure at the National Air Traffic Services (NATS) Swanwick control centre caused widespread flight disruptions across the UK on Wednesday, July 30, 2025. Major airports including Heathrow, Gatwick, Edinburgh, and Birmingham were affected, with outbound flights temporarily grounded as engineers scrambled to resolve the issue.

The radar malfunction led to a shutdown of London’s airspace, forcing aircraft into holding patterns and delaying thousands of passengers. Although the system was restored later in the day, airlines warned that delays would persist into the evening as they worked to clear the backlog.

This incident echoes a similar outage in August 2023, which cost airlines over £100 million in compensation and refunds. Critics have called for improved contingency planning, citing the recurring nature of such failures.

Passengers are advised to check with their airlines for updated flight information as operations gradually return to normal.

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