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5 Things to Know Today — Oil Diplomacy, TSX Rally, Carney at UNGA, Bond Yields, Canada's AI Gap (Sept. 23, 2026)

  Wednesday, September 23, 2026  |  MoneySavings.ca Oil is pulling back. The TSX is rebounding. Carney is talking deals in New York. And two under-the-radar stories — bond yields creeping up and a warning about Canada's AI ambitions — could quietly reshape your finances. Here's what matters today. 01 of 05 Oil Drops Below $92 as US–Iran Talks Begin at the UN WTI crude pulled back toward $90 per barrel Wednesday — its lowest level since early September — as diplomacy replaced missiles at the United Nations General Assembly in New York. US envoys Jared Kushner and Steve Witkoff spent three hours in shuttle talks with Iranian officials on the UNGA sidelines, just hours after President Trump threatened Iran with "annihilation" in his address to the General Assembly. Iran had offered to reopen the Strait of Hormuz within seven days if the US agreed to ease its naval blockade. Brent settled down roughly 3–4%, snapping five days of decline but still elevated from pre-conflic...
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Ontario Cancels $100M Starlink Deal Amid Escalating Trade Tensions

 

Ontario Premier Doug Ford has announced the cancellation of a $100-million contract with Elon Musk’s Starlink satellite internet service, a move aimed squarely at countering U.S. tariffs on Canadian goods. The contract—signed last November as part of Ontario’s initiative to deliver high-speed internet to 15,000 remote and rural premises—will now be scrapped amid a broader decision to ban American companies from provincial contracts until the tariffs are removed. 

Ford emphatically stated on social media that Ontario “won’t do business with people hellbent on destroying our economy,” attributing the policy shift to President Trump’s tariff actions. He warned that U.S.-based businesses could lose “tens of billions of dollars” in new revenue as a result. This decisive step is just one element of Ontario’s wider strategy to respond to the escalating trade dispute, which has already seen retaliatory tariffs imposed by both Canada and the United States. 

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