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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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Canadian Soldier Found Dead in Latvia After Four-Day Search

                                            Warrant Officer Geroge Hohl was found dead on Sept. 5, 2025.

A Canadian Armed Forces member who went missing in Latvia earlier this week has been found dead, the Department of National Defence has confirmed.

Warrant Officer George Hohl, a 20-year veteran and vehicle technician with the 408 Tactical Helicopter Squadron based in Edmonton, was deployed on Operation REASSURANCE as part of NATO’s Multinational Brigade-Latvia. He was last seen on September 2, 2025, in the city of Ādaži and was located deceased on September 5.

Canadian Forces Military Police are assisting Latvian authorities in investigating the circumstances of his death. Officials have stated there is no indication the incident poses an increased threat to the safety and security of deployed personnel.

General Jennie Carignan, Chief of the Defence Staff, described the loss as devastating, noting that Hohl’s two decades of service included multiple deployments both at home and abroad.

Operation REASSURANCE is Canada’s largest overseas mission, involving approximately 2,200 personnel in the Baltic region to bolster NATO’s presence and deter potential threats in Eastern Europe.


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