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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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The Thirst Crisis in Gaza: A Struggle for Survival

 

The Gaza Strip faces an escalating water crisis, with clean sources becoming increasingly scarce due to ongoing conflict and infrastructure damage. Hundreds of thousands of residents have lost access to clean water after the destruction of pipelines and wells during military offensives. Many are forced to walk long distances to fill containers from the few remaining wells, which often fail to provide safe drinking water.

The Coastal Aquifer Basin, Gaza's only natural water source, is severely depleted and polluted, rendering up to 97% of its water unfit for human consumption. Desalination plants and sanitation facilities have also been heavily damaged, leaving the population with limited options. The daily water supply has dropped to an average of 3-5 liters per person, far below the minimum needed for basic survival.

This crisis highlights the urgent need for humanitarian aid and sustainable solutions to ensure access to clean water for Gaza's 2.3 million residents. Without immediate intervention, the situation could worsen, threatening lives and livelihoods across the region.

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