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5 Things to Know Today — September 22, 2026

  September 22, 2026 BoC hike odds reach a coin flip. Oil retreats from four-month highs. Trump's Belarus potash play draws fire. A new federal bill speeds up major projects — with strings attached. Here's what moves your money today. 1. BoC October Hike Is Now a Coin Flip The Bank of Canada next meets October 28 , and markets are evenly split on whether it will raise rates for the first time since cutting to 2.25%. The whiplash is largely imported: after the U.S. Federal Reserve hiked 25 basis points to 3.75–4.00% on September 16 in a unanimous 12-0 vote — the first American rate increase since July 2023 — market-implied odds of a matching BoC move jumped from below 10% to roughly 60% in two weeks, according to LSEG Data & Analytics. Before the BoC's September 2 hold, odds of a hold sat at 94%. The 175-basis-point gap between the BoC (2.25%) and the Fed (3.75–4.00%) is the widest since 2022, which puts direct downward pressure on the loonie and upward pressure on Ca...
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Farmers block roads in Spain and Poland over EU policies

 

Farmers in Spain and Poland have staged tractor protests in several cities and border crossings on Friday, as part of a wave of demonstrations across Europe against EU farming policies. The farmers are demanding measures to address rising production costs, falling profits and unfair competition from non-EU countries, especially Ukraine.

The protests have disrupted traffic and caused delays in some areas, as hundreds of tractors blocked highways and city streets. The farmers have also expressed their opposition to the EU's Green Deal, which aims to reduce greenhouse gas emissions and pesticide use, arguing that it will harm their crops and food security.

The protests follow similar actions by farmers in France, Greece, Hungary and Belgium in recent weeks, who have also voiced their dissatisfaction with the EU's agricultural policies and market conditions. The farmers are calling for more support and protection from the EU, as well as fair prices for their products.

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