Skip to main content

Featured

Budget Day 2026: What a $63B+ Deficit Means for Your Wallet

  Canadian Money Brief • Thursday, November 5, 2026 Ottawa tables its second Carney-era budget today. Almost everyone expects big spending. Hardly anyone expects it to help their own bank account. Here is what the numbers say, and what to do about it. Finance Minister François-Philippe Champagne says today’s budget is about “changing Canada’s growth model”: less reliance on the U.S., more building at home. That is a big-picture pitch. Your household budget is a small-picture problem, and a new Abacus Data poll shows the gap between the two is wide. The poll in one line: only 10% of Canadians expect Budget 2026 to make their household better off. 30% expect to be worse off, and 48% expect little difference. (Abacus Data, 1,809 adults, Oct. 30 to Nov. 3.) The deficit, in plain numbers The Parliamentary Budget Officer (PBO) is the government’s independent fiscal referee. Its latest outlook, which predates the budget and only counts measures already announced, sets the stage: PBO proj...
Post a Comment
Read more

article

Labels

U.S. Confirms Strike on Venezuelan Dock Amid Anti‑Drug Campaign

A US Air Force Boeing C-5 Galaxy is parked at José Aponte de la Torre airport in Ceiba, Puerto Rico, as US President Donald Trump sends fighter jets to the Caribbean island as part of his war on drug cartels.



The United States has carried out a strike on a dockside facility in Venezuela that President Donald Trump says was used to load boats involved in drug trafficking. Speaking to reporters in Florida, Trump described a “major explosion” at the site, calling it a key point where vessels “load up with drugs” before departing the country.

The president first referenced the operation during a radio interview days earlier, suggesting the strike occurred two nights prior. While Trump emphasized that the U.S. “hit them very hard,” he declined to specify whether the attack was conducted by the military or intelligence services, nor did he identify the exact location of the facility.

If confirmed, the strike would mark the first known U.S. land operation in Venezuela since Washington intensified its pressure campaign on President Nicolás Maduro’s government. The action follows a series of U.S. strikes on alleged drug‑smuggling boats in the Caribbean and eastern Pacific in recent months.

Venezuelan authorities have not publicly confirmed the incident, and U.S. officials have released no additional details. The lack of clarity leaves open questions about the scope of the operation and its implications for already strained U.S.–Venezuela relations.


Labels:

Comments

Post a Comment