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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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U.S. Justifies Venezuelan Boat Strikes as Lawful Self-Defense

 

                                          White House defends US attack on boat from Venezuela


The White House has defended recent U.S. military strikes on an alleged Venezuelan drug-smuggling vessel, framing the actions as lawful and necessary for self-defense. According to officials, Admiral Frank Bradley ordered multiple strikes on September 2 with authorization from Defense Secretary Pete Hegseth. The operation targeted a boat in the Caribbean suspected of narcotics trafficking, but reports that a second strike was carried out against survivors have sparked intense debate.

White House spokeswoman Karoline Leavitt stated that Admiral Bradley acted “well within his authority and the law,” emphasizing that the engagement was conducted in international waters and aimed at eliminating a threat to the United States. The administration has designated the group involved as a foreign terrorist organization, which it argues justifies lethal targeting under the laws of armed conflict.

Critics, however, have raised concerns about the legality of striking survivors, with some legal experts warning that such actions could constitute violations of international law. President Donald Trump himself noted that he would not have supported a second strike, while Hegseth has denied issuing an order to “kill everyone” on board.

The incident underscores the growing scrutiny of U.S. counter-narcotics operations in the Caribbean, where military actions against suspected traffickers have increased in recent months. While the White House insists the strikes were lawful, the controversy highlights the tension between national security imperatives and international humanitarian standards.

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