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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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Hunter Biden's Legal Troubles and Presidential Pardon

 

Hunter Biden, the son of U.S. President Joe Biden, faced legal issues related to firearms and tax convictions. In June 2024, he was convicted of lying on a federal form when purchasing a gun in 2018, falsely stating that he was not a drug user. Additionally, he pleaded guilty to failing to pay at least $1.4 million in federal taxes for the years 2016 to 2019. These charges stemmed from a period in his life when he struggled with drug and alcohol abuse before becoming sober in 2019.

Despite previously pledging not to use his presidential authority to grant clemency to his son, President Joe Biden issued a full and unconditional pardon for Hunter Biden on December 1, 2024. This pardon not only covered the gun and tax offenses but also any other federal offenses Hunter Biden may have committed from January 1, 2014, through December 1, 2024. President Biden justified his decision by stating that raw politics had infected the legal process, leading to a miscarriage of justice.

A presidential pardon is an expression of forgiveness granted by the President of the United States for federal criminal offenses. The power to pardon is derived from Article II, Section 2, Clause 1 of the U.S. Constitution, which allows the president to grant reprieves and pardons for offenses against the United States, except in cases of impeachment. A pardon forgives federal criminal offenses and exempts the individual from punishment, but it does not signify innocence.



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