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5 Things to Know Today: Fed Decision Looms, TSX Slides, Gas Prices Climb (Sept 16)

  Wednesday, September 16, 2026 The Fed's biggest decision in years lands at 2 p.m. ET today, the TSX and loonie are both licking their wounds, and drivers are paying more at the pump despite the gas tax holiday. Here's what's moving your money this morning. 1. The Fed Decides on Rates Today — and a Hike Looks All but Certain The Federal Reserve announces its rate decision at 2 p.m. ET, with Chair Kevin Warsh's press conference to follow at 2:30 p.m. Markets have priced in over 90% odds of a 25-basis-point hike, which would lift the target range to 3.75%–4.00% from 3.50%–3.75%, where it's sat since December. It would be the first hike of this cycle, driven by inflation still running above target even as the labour market holds up. What it means for you: A Fed hike widens the gap with the Bank of Canada's 2.25% rate, which tends to pressure the loonie lower and nudge Canadian bond yields — and by extension fixed mortgage pricing — upward. Watch for the reaction ...
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Summer Vacation Tips: Embrace Nature, Plan Responsibly, and Travel Safely



This summer, as Canadians gear up for a much-awaited escape, vacationers are urged to prioritize outdoor activities and explore the beauty of their own country. With the domestic travel industry thriving, there's an abundance of stunning destinations to choose from, from the breathtaking national parks to picturesque coastal getaways. 


Camping trips, hiking adventures, and water-based activities are becoming increasingly popular options, allowing travelers to embrace nature and practice social distancing effortlessly. For those considering international travel, staying updated on the latest travel guidelines and vaccination requirements is crucial. 


Travelers are advised to book accommodations and activities well in advance to secure the best deals and availability. Additionally, while traveling responsibly and respecting local communities and wildlife, this summer's vacationers are encouraged to opt for sustainable and eco-conscious choices, contributing to the preservation of natural environments for generations to come. By adhering to these vacation tips, Canadians can make the most of their summer holidays while ensuring safety, enjoyment, and environmental stewardship.











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