Skip to main content

Featured

U.S. Midterms Tuesday: What the Vote Could Mean for the Loonie, Tariffs and Your Portfolio

  Canadian Money Brief | Feature U.S. Midterms Tuesday: What the Vote Could Mean for the Loonie, Tariffs and Your Portfolio By MoneySavings.ca | Published November 1, 2026 Americans vote Tuesday in elections that will fill all 435 House seats and 35 Senate seats. Canadians don't get a ballot, but we do get the consequences: a loonie that swung from an 18-month low to a six-week high in about two weeks, a tariff fight that has put 50% duties on roughly US$20 billion of our exports, and a lot of U.S. stock sitting inside our TFSAs and RRSPs. Here is how to think about all of it without trying to guess the winner. The short version: Nobody can reliably trade an election result. Forecasters lean toward Democrats winning the House, with the Senate closer. But history says the bigger market moves tend to come in the months after the vote, not on election night. For Canadians, the useful steps are practical: convert U.S. dollars in pieces, know how much U.S. stock you hold, and don't...
Post a Comment
Read more

article

Labels

Rising Middle East Tensions: Key Leaders Assassinated


n a dramatic escalation of Middle East tensions, the leaders of two prominent Iranian-backed groups, Hamas and Hezbollah, were killed in separate attacks within 24 hours. These incidents have sparked fears of a broader regional conflict.

Hamas Leader Assassinated in Tehran

Ismail Haniyeh, the political leader of Hamas, was killed in an airstrike in Tehran on Wednesday. Haniyeh was in Iran to attend the inauguration of the new Iranian president. Hamas quickly blamed Israel for the attack, although Israel has neither confirmed nor denied responsibility. Haniyeh’s death is a significant blow to Hamas, which has been engaged in indirect ceasefire negotiations with Israel, brokered by Qatar, Egypt, and the U.S.

Hezbollah Commander Killed in Beirut

Just hours before Haniyeh’s assassination, Fuad Shukr, a senior Hezbollah commander, was killed in an Israeli strike on the outskirts of Beirut. Hezbollah, a heavily armed militia group based in Lebanon, has long been involved in conflicts with Israel. Shukr’s death further complicates the already tense situation in the region.

Reactions and Implications

Iran’s Supreme Leader, Ayatollah Ali Khamenei, has vowed to seek revenge for Haniyeh’s death, raising the specter of further violence. The U.S. State Department has issued a travel advisory, warning Americans against traveling to Lebanon due to the rising tensions.

These assassinations come at a time when the region is already on edge following a series of violent incidents. The deaths of these key figures are likely to have significant repercussions, potentially undermining ongoing peace efforts and leading to further instability in the Middle East.


Labels:

Comments

Post a Comment