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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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Europe's Stand: Ukraine's Voice Must Shape Its Future

 

Trump plans to meet Putin in Alaska on Friday, saying the parties, including Ukrainian President Volodymyr Zelenskiy, were close to a deal.


As anticipation builds ahead of the upcoming Trump-Putin summit in Alaska, European leaders have made their position unmistakably clear: Ukraine’s future must be determined by Ukrainians themselves. The summit, scheduled for August 15, aims to explore a resolution to the three-and-a-half-year war between Russia and Ukraine. However, proposed territorial concessions have sparked widespread concern across Europe.

French President Emmanuel Macron emphasized that “Ukraine's future cannot be decided without the Ukrainians, who have been fighting for their freedom and security for over three years now”. This sentiment was echoed by other European heads of state, who warned that any peace deal excluding Kyiv’s direct involvement would undermine both Ukrainian sovereignty and European security.

Ukrainian President Volodymyr Zelenskyy has firmly rejected any suggestion of ceding territory, stating, “Ukrainians will not give their land to the occupier”. European officials have reportedly presented a counterproposal to the U.S., insisting that any territorial exchange must be reciprocal and accompanied by robust security guarantees.

The summit’s outcome remains uncertain, but one principle is gaining traction: peace cannot be brokered over Ukraine without Ukraine at the table. As Macron put it, “Europeans will also necessarily be part of the solution, as their own security is at stake”.


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