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5 Things to Know Today — September 24, 2026

  Thursday, September 24, 2026 5 Things to Know Today Bond yields are hitting levels not seen in decades, Trump and Xi just extended a trade truce, and the Bank of Canada is mired in a near-100-day strike. Here's what Canadians need to know this morning. 1 · Markets TSX Sinks as Bond Yields Hit Multi-Decade Highs The TSX dropped 584 points on Wednesday — a 1.61% slide — closing at 35,751.43 and breaking through its 25-day and 50-day moving averages. It was the worst single-session performance in weeks, reversing three straight days of gains. The selloff was driven by rising energy prices and a global bond market rout that has sent U.S. 10-year Treasury yields toward 5.1%, their highest since 2007, while Canada's 30-year yield hit a level not seen since 2004. Higher yields pull money out of equities and push up borrowing costs across the board. Big bank stocks led the decline — RBC fell 2%, TD dropped 2.4%, BMO shed 2%, and Scotiabank retreated 1.6% — while gold miners added to ...
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Academic Exodus: Yale Professors Find Refuge in Canada Amid U.S. Political Turmoil

 

Three prominent Yale professors have left the prestigious Ivy League institution for positions at the University of Toronto, citing concerns over the political climate in the United States under President Donald Trump's administration. Jason Stanley, a philosophy professor and expert on fascism, along with historians Timothy Snyder and Marci Shore, have joined Toronto's Munk School of Global Affairs and Public Policy.

Stanley, known for his work on propaganda and authoritarianism, expressed his decision was driven by the U.S.'s tilt towards "educational authoritarianism." Snyder and Shore, both outspoken critics of Trump, revealed that the administration's crackdown on higher education played a significant role in their move. The couple plans to stay in Canada long-term, seeking stability and academic freedom.

The professors' departure underscores growing concerns among academics about the erosion of democratic values and the targeting of universities in the U.S. Their move to Canada symbolizes a search for intellectual sanctuary in a time of political uncertainty.

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