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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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Powerful Quake Jolts Indonesia’s Talaud Islands, No Tsunami Risk Reported

A still image from a social media video shows dust disturbances on side of hill after an earthquake in Nagekeo, East Nusa Tenggara, Indonesia.



A strong magnitude 6.8 earthquake struck off the coast of Indonesia’s Talaud Islands, shaking parts of northern Sulawesi early Saturday. The offshore quake originated at a considerable depth, reducing the likelihood of major surface damage.

Residents in several nearby regions reported feeling the tremor, though there have been no immediate reports of injuries or structural damage. Authorities confirmed that the quake did not trigger a tsunami threat, and monitoring efforts continue as aftershocks remain possible.

Indonesia sits along the Pacific Ring of Fire, a highly active seismic zone where earthquakes occur frequently. Officials are continuing to assess the situation, but early indications suggest the event caused 

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