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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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New Diplomacy on the Horizon: U.S. and Russia Push Ahead Without Ukraine

 

In a bold shift from previous diplomatic efforts, top U.S. and Russian officials have agreed to advance negotiations aimed at ending the war in Ukraine—even as Ukrainian representatives remain notably absent. High-level talks held in Riyadh, Saudi Arabia, saw U.S. Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov discussing the framework for future peace negotiations and steps toward restoring bilateral relations.

The Trump administration’s approach, which prioritizes direct engagement with Moscow, marks a departure from longstanding principles that insisted on “nothing about Ukraine without Ukraine.” Critics in Kyiv have voiced strong opposition. Ukrainian President Volodymyr Zelenskyy warned that any agreement reached without Ukraine’s participation would be unacceptable and would undermine the nation’s sovereignty. European leaders echoed these concerns, with several officials labeling the move as a dangerous precedent that could lead to a “dirty deal” and embolden further Russian demands.

Analysts note that the absence of Ukraine from the negotiation table reflects a transactional mindset, one that appears to value immediate economic and strategic concessions over the long-term security guarantees essential for lasting peace. While U.S. officials are optimistic—citing the talks as a “highly productive” first step—the outcome remains uncertain. Critics argue that sidelining Ukraine could ultimately sacrifice key security interests and further destabilize an already volatile region.

For now, the dialogue is only the opening chapter in what promises to be a complex and protracted negotiation process. As both sides prepare for further discussions, the international community watches closely, aware that the stakes extend far beyond bilateral U.S.–Russia relations and into the broader security architecture of Europe.


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