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5 Things to Know Today — Oil Diplomacy, TSX Rally, Carney at UNGA, Bond Yields, Canada's AI Gap (Sept. 23, 2026)

  Wednesday, September 23, 2026  |  MoneySavings.ca Oil is pulling back. The TSX is rebounding. Carney is talking deals in New York. And two under-the-radar stories — bond yields creeping up and a warning about Canada's AI ambitions — could quietly reshape your finances. Here's what matters today. 01 of 05 Oil Drops Below $92 as US–Iran Talks Begin at the UN WTI crude pulled back toward $90 per barrel Wednesday — its lowest level since early September — as diplomacy replaced missiles at the United Nations General Assembly in New York. US envoys Jared Kushner and Steve Witkoff spent three hours in shuttle talks with Iranian officials on the UNGA sidelines, just hours after President Trump threatened Iran with "annihilation" in his address to the General Assembly. Iran had offered to reopen the Strait of Hormuz within seven days if the US agreed to ease its naval blockade. Brent settled down roughly 3–4%, snapping five days of decline but still elevated from pre-conflic...
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Ottawa Prioritizes Canadian Steel and Aluminum in Federal Grants


In a significant move to bolster domestic industries, the Canadian government has mandated that all federal grant recipients prioritize the use of Canadian steel and aluminum in their projects. This directive, announced by Industry Minister François-Philippe Champagne, is part of Ottawa's broader strategy to support local manufacturing and counter external trade pressures.

The decision comes amidst ongoing challenges in the global trade landscape, including tariffs imposed by the United States on Canadian steel and aluminum. By emphasizing the use of homegrown materials, the government aims to safeguard jobs, strengthen the national economy, and ensure the sustainability of critical industries.

Minister Champagne highlighted the importance of Canadian steel and aluminum in supporting key sectors such as defense, automotive, and infrastructure. He emphasized that this initiative not only protects Canadian workers but also reinforces the country's commitment to a resilient and self-reliant economy.

This policy shift is expected to have a ripple effect across various industries, encouraging innovation and investment in Canadian manufacturing. It also underscores the government's dedication to fostering a competitive and sustainable industrial base in the face of global challenges.

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