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

First Blast of Winter: Environment Canada Issues Advisory for Toronto and GTA

 

Environment Canada has issued a winter weather advisory for the Greater Toronto Area (GTA) as a low-pressure system is expected to bring about five centimetres of snow to the region. The federal weather agency warns that the winter weather could create reduced visibility and hazardous driving conditions, potentially impacting rush hour traffic.

The snow is forecasted to start in the morning and taper off by the evening, with the GTA experiencing its first significant snowfall of the season. Residents are advised to prepare for slippery roads and consider delaying travel plans if possible.

Stay tuned to local weather updates and take necessary precautions to stay safe during this winter weather event.




Labels:

Comments

Post a Comment