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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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Paris Prosecutor: Louvre Jewel Heist the Work of Small-Time Thieves

                                  People queue to enter the Louvre museum, Thursday, Oct. 30, 2025 in Paris.           

                                         

The daring daylight robbery at the Louvre Museum, which saw historical jewels worth an estimated $102 million stolen, was not the work of a sophisticated criminal syndicate but of petty criminals from Paris’s northern suburbs, according to the city’s prosecutor.

Authorities revealed that the heist, carried out in under seven minutes, involved two men using a movers’ lift to access the museum’s second floor. They smashed a window, broke open display cases with angle grinders, and escaped on scooters driven by two accomplices. The swift and brazen nature of the theft initially led many to suspect the involvement of organized crime.

However, Paris prosecutor Laure Beccuau dismissed that theory, stating that the suspects’ profiles do not resemble those of professional gangsters. Instead, they appear to be small-time offenders with no ties to the upper echelons of organized crime. “This is not quite everyday delinquency,” Beccuau explained, “but it is a type of delinquency that we do not generally associate with professional networks.”

So far, three of the four suspected thieves have been arrested, though the stolen jewels remain missing. Investigators continue to search for both the fourth suspect and the priceless artifacts, while also examining how such a high-profile museum could be breached so easily.

The case has sparked debate in France about museum security standards and whether institutions like the Louvre are adequately protected against unconventional, low-tech heists. For now, the robbery stands as a reminder that even the world’s most famous museum is not immune to the ingenuity—and audacity—of small-time criminals.


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