Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Snowfall warning issued for Greater Toronto Area, Hamilton, parts of eastern Ontario

 


Environment Canada has issued a snowfall warning for the Greater Toronto Area (GTA), Hamilton, and large parts of eastern Ontario. The warning predicts up to 15 centimeters (approximately 6 inches) of snow, which could significantly impact the evening commute. Areas along the shore of Lake Ontario, spanning from Hamilton to Kingston, are expected to experience snow starting this morning, intensifying throughout the afternoon or evening. Visibility may be reduced, and roadways could become slick due to the snowfall. Peak snowfall rates of two centimeters per hour are possible. The snow is expected to taper off from west to east late tonight.

If you’re in these areas, make sure to bundle up and take extra precautions while traveling. 

Labels:

Comments

Post a Comment