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5 Things to Know Today — September 27, 2026

  Sunday, September 27, 2026  |  MoneySavings.ca A milestone in the Canada-US trade war hits at midnight, the Bank of Canada's rate decision is now a near-coin-flip, and Canada's economic pivot to China is showing real results. Here are the five things that matter for your wallet today. 01 OF 05 The US Alcohol Import Ban Takes Effect Tonight at Midnight At 12:01 a.m. Eastern tonight, the United States stops accepting new shipments of packaged Canadian beer, wine, cider, and spirits. The ban was signed by President Trump on September 8 under Section 338 of the Tariff Act of 1930, escalating the trade dispute beyond the 50% tariffs that took effect on August 22. Everything already on US store shelves stays there and can still be sold — the ban stops restocking, not consumption. Goods imported before tonight but not yet cleared through customs remain subject to the 50% duty rather than the ban. Bulk spirits shipped in containers over four litres are exempt; consumer-sized bo...
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Israel’s Expanding Offensive in Central Rafah: A Closer Look

 

The Israeli military has officially confirmed that its forces are operating in central parts of Rafah as part of an expanding offensive in the southern Gaza city. This development comes after Israel launched a ground assault into Rafah on May 6, triggering an exodus of approximately 1 million Palestinians from the city and disrupting U.N. humanitarian operations in the area.

Key Points:

  1. Citywide Operations: The Israeli military statement suggests that its forces have been operating in most parts of Rafah, including both eastern districts and areas close to the border with Egypt. Israeli troops seized the Rafah crossing into Egypt on the first day of the offensive and have since claimed control over the Philadelphi Corridor, a road running along the Gaza-Egypt border on the Gazan side.
  2. Recent Developments: Earlier this week, Israeli troops also moved into Rafah’s western district of Tel al-Sultan, where heavy clashes with Hamas fighters have been reported by witnesses.
  3. Hamas Presence: The offensive aims to uproot Hamas fighters, following the group’s October 7 attack on southern Israel. In central Rafah, Israeli troops have uncovered Hamas rocket launchers, tunnels, and dismantled a weapons storage facility.
  4. Humanitarian Impact: The exodus of Palestinians from Rafah has led to a scattered population across southern and central Gaza. Most of them now live in squalid tent camps, with up to around 300,000 people believed to remain in the area. Some still reside in the central urban parts of Rafah, while others have sought refuge in rural areas near the coast, which have also been targeted by Israeli strikes and shelling.

Despite the ongoing offensive, U.S. President Joe Biden has emphasized that Israel has not crossed the “red lines” of a full-fledged invasion that he had urged them against. The situation remains tense, and humanitarian organizations continue to grapple with the challenges posed by the conflict.



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