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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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Tens of Thousands of Israeli Reservists Mobilized as Gaza City Offensive Nears

 

Displaced Palestinians take shelter in Gaza City where the Israeli forces are expected to escalate operations


Tens of thousands of Israeli reservists have begun reporting for duty as the military prepares for a major offensive in Gaza City, a move Prime Minister Benjamin Netanyahu has ordered to accelerate despite warnings from senior military officials.

According to Israeli Army Radio, around 40,000 reservists are joining the operation, with logistical preparations underway for their deployment. The planned assault aims to seize Gaza City — described by Israel as Hamas’ last stronghold — following months of intense fighting that has left much of the Gaza Strip in ruins. Israel currently controls about 75% of the territory.

The mobilization comes amid internal tensions, with military chief Lt. Gen. Eyal Zamir cautioning that the campaign could endanger hostages still held in Gaza and further strain the army’s resources. Some reservists have also voiced frustration over what they see as a lack of a clear post-war strategy.

Meanwhile, airstrikes across the enclave have intensified, killing at least 25 people on Tuesday, including 16 in Gaza City, according to local health authorities. Humanitarian agencies warn that a full-scale assault could trigger another wave of mass displacement and worsen already dire conditions for civilians trapped in the city.


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