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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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Holiday Ginger Cookies Recipe

 

Ingredients:

- 2 1/4 cups all-purpose flour

- 2 tsp ground ginger

- 1 tsp baking soda

- 1 tsp ground cinnamon

- 1/2 tsp ground cloves

- 1/4 tsp salt

- 3/4 cup unsalted butter, softened

- 1 cup granulated sugar

- 1 large egg

- 1 tbsp water

- 1/4 cup molasses

- 1/4 cup additional granulated sugar for rolling


Instructions:


1. Preheat Oven: Preheat your oven to 350°F (175°C). Line baking sheets with parchment paper.

2. Combine Dry Ingredients: In a medium bowl, whisk together the flour, ginger, baking soda, cinnamon, cloves, and salt.

3. Cream Butter and Sugar: In a large bowl, using an electric mixer, beat the butter and 1 cup of sugar until light and fluffy. Add the egg, water, and molasses, and beat until well combined.

4. Mix Ingredients: Gradually add the dry ingredients to the wet ingredients, mixing until just combined.

5. Form Dough Balls: Roll the dough into small balls, about 1 inch in diameter. Roll each ball in the additional granulated sugar to coat.

6. Bake: Place the dough balls on the prepared baking sheets, about 2 inches apart. Flatten each ball slightly with the bottom of a glass. Bake for 8-10 minutes, or until the edges are set and the tops are crackled.

7. Cool:  Allow the cookies to cool on the baking sheet for 5 minutes before transferring them to a wire rack to cool completely.

8. Enjoy: These ginger cookies are perfect for sharing with family and friends, or just for enjoying with a cozy cup of tea or coffee. 



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