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Budget 2026 Lands Nov. 5: What to Do (and Not Do) With Your RRSP and TFSA First

  CANADIAN MONEY BRIEF  |  FEATURE  |  OCT. 23, 2026 The federal budget is 13 days away, tax-reform calls are getting louder, and “act now” headlines are about to pile up. Here’s what is actually confirmed, what is just lobbying, and what to leave alone. Finance Minister François-Philippe Champagne told the House of Commons on Oct. 20 that Budget 2026 will be tabled on Nov. 5 . It is the second budget since the Liberals moved the fiscal plan to the fall, and it lands two days after the U.S. midterm elections. Between now and then, expect a flood of speculation about RRSPs, TFSAs and capital gains. Before you move a dollar, it helps to separate three things: what’s confirmed, what’s being asked for, and what the rules say today. Key dates on your calendar Oct. 28 Bank of Canada rate decision (9:45 a.m. ET) Oct. 29 Ontario fall economic statement Nov. 3 U.S. midterm elections Nov. 5 Federal Budget 2026 Dec. 9 Final Bank of Canada decision of 2026 Mar. 1, 2027 RRSP...
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Wall Street Holds Steady Amid Trump's Tariff Threats

                                       

US stocks showed resilience on Tuesday as investors weighed President-elect Donald Trump's threat to impose fresh tariffs on China, Canada, and Mexico. The S&P 500 inched up roughly 0.3%, while the tech-heavy Nasdaq Composite jumped about 0.4%. However, the Dow Jones Industrial Average dropped 0.3% after hitting a record high.

Trump's pledge to impose tariffs from his first day in office initially sparked trade war fears, but Wall Street seemed to take the news in stride, holding onto gains from Monday's Bessent-bounce. Investors are now closely watching the release of Federal Reserve minutes for clues on the pace of interest rate cuts in the coming year.

European carmakers, particularly Nissan and Honda, faced pressure due to Trump's "America First" push, while the Mexican peso and Canadian dollar dropped sharply. Meanwhile, bitcoin retreated to trade around $92,840 per token as its bid for the $100,000 milestone ran out of steam.




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