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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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Tragedy in Fes: Building Collapse Claims 19 Lives

Emergency personnel search for victims in the rubble of two collapsed buildings in the Al Massira area of Fes late on December 9, 2025.  


At least 19 people were killed and 16 others injured after two residential buildings collapsed in Morocco’s historic city of Fes on Wednesday.

The four-storey structures, located in the Al-Mustaqbal neighborhood, were home to eight families. Local reports indicated that children were among the victims, intensifying national grief. Rescue teams and civil protection units rushed to the scene, while videos shared online showed frantic efforts to pull survivors from the rubble.

The injured were transported to the University Hospital Centre in Fes for treatment. Authorities evacuated the surrounding area as search operations continued, though the cause of the collapse remains unclear.

This disaster has renewed concerns over unsafe housing and ageing infrastructure in Moroccan cities. Fes has witnessed similar tragedies before, including a fatal collapse in 2024 that killed five people. The incident comes just weeks before Morocco is set to host the Africa Cup of Nations (AFCON), with Fes among the tournament’s venues.

Officials have launched an investigation, while residents mourn the loss of families caught in the collapse. The tragedy underscores the urgent need for stronger housing safety measures in Morocco’s urban centers.

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