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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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Flight Attendants Rally Nationwide Amid Contract Talks

 

Air Canada flight attendants hold a silent protest at Montreal-Pierre Elliott Trudeau International Airport on Monday. 

In a bold show of solidarity, Air Canada flight attendants staged coordinated demonstrations at four major airports across Canada—Toronto Pearson, Montreal Trudeau, Vancouver International, and Calgary International—on Monday. The action, organized by the Canadian Union of Public Employees (CUPE), was dubbed a “National Day of Action” and aimed to spotlight grievances over low wages and unpaid work hours.

Hundreds of uniformed attendants stood silently outside departure gates, holding signs like “Unpaid work won’t fly” and “unfAir Canada.” CUPE representatives emphasized that flight attendants often perform mandatory duties such as boarding and safety checks without compensation, with some relying on food banks and shared housing to make ends meet.

Negotiations between Air Canada and CUPE resumed last Friday, following a 99.7% strike mandate vote by union members. A potential strike could begin as early as August 16, pending a 72-hour notice. Air Canada stated that operations remain unaffected and expressed hope for a fair settlement that recognizes the contributions of its flight attendants.

This nationwide demonstration marks a critical moment in the ongoing labor dispute, as both sides work toward a resolution that could impact thousands of travelers.

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