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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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Northern Communities Fear 'Christmas is Cancelled' Amid Canada Post Strike


Northern communities in Canada are feeling the strain of the ongoing Canada Post strike, with residents expressing concerns that Christmas might be cancelled this year. The strike, which began on November 15, has disrupted mail and parcel deliveries, leaving many without essential goods and services.

In small towns like Lynn Lake, Manitoba, the strike has had a significant impact. Mayor Brandon Dulewich highlighted that Canada Post is an essential service for the community, and the lack of deliveries is causing serious issues. Residents are struggling to receive medical prescriptions, cheques for social assistance, and other critical items.

Local businesses are also feeling the pinch. Dan Driediger, who runs a map business in Missinipe, Saskatchewan, has lost 70% of his business since the strike began. He fears that without a resolution, the remaining 30% of his orders might be cancelled, further jeopardizing his livelihood.

The Canadian Chamber of Commerce has urged the federal government to intervene, emphasizing the disproportionate impact on rural and remote communities. With no alternative courier services available in many areas, residents are left waiting and hoping for a swift resolution.

As the holiday season approaches, the worry grows that Christmas might be cancelled for many in these northern communities. The federal government has yet to impose binding arbitration or back-to-work legislation, leaving residents and businesses in a state of uncertainty.



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