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5 Things to Know Today — September 28, 2026

  Monday, September 28, 2026  |  MoneySavings.ca Iran rejects Trump's terms for Hormuz, the US alcohol ban on Canadian goods kicks in tomorrow, the loonie posts its 13th straight losing session, Tuesday brings a key GDP print, and Ottawa quietly narrowed the federal deficit. Here's what it all means for your wallet today. 01 OF 05 🛢️ Iran Digs In on Hormuz — Trump Rejected the Deal, and Oil Stays Elevated Iran's Foreign Minister Abbas Araghchi offered over the weekend to reopen the Strait of Hormuz within seven days — the same terms attached to the June Islamabad Memorandum of Understanding that collapsed in early July. The conditions: the US lifts its naval blockade on Iranian ports, waives sanctions on Iranian oil sales, and observes a broader ceasefire. Trump rejected the offer outright on Saturday, calling it a play by a country that is "losing badly," and renaming the strait "Trump Strait" on Truth Social for good measure. As of this morning, Iran ...
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Trump's Madison Square Garden Rally Marred by Controversial Remarks


Former President Donald Trump's rally at Madison Square Garden on Sunday took a controversial turn as several speakers made crude and racist remarks. The event, intended to bolster support for Trump's presidential campaign, saw speakers targeting Vice President Kamala Harris and other prominent figures with offensive language.


Comedian Tony Hinchcliffe made derogatory comments about Latinos and Puerto Ricans, while radio host Sid Rosenberg likened the rally to a Nazi event.  Trump's speech focused on his plans to halt illegal immigration and deport migrants, drawing cheers from the crowd. The rally has sparked widespread criticism and comparisons to historical fascist gatherings.

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