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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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Trump at UN: Recognition of Palestine a “Reward” for Hamas

US President Donald Trump delivers remarks to the UN General Assembly at UN headquarters in New York City on September 23, 2025.

Speaking before the United Nations General Assembly in New York, U.S. President Donald Trump sharply criticized recent moves by several Western nations to recognize Palestinian statehood. He argued that such recognition amounts to “rewarding Hamas” for the October 7, 2023 attacks on Israel and would only encourage further conflict.

Trump insisted that peace efforts should instead focus on the immediate release of hostages still held in Gaza. “Those who want peace should be united with one message: release the hostages now,” he told world leaders, drawing applause from parts of the chamber.

The president also called for an immediate end to the war in Gaza, while placing blame on Hamas for rejecting ceasefire proposals. He reiterated that the U.S. would not support unilateral recognition of Palestinian statehood, warning that it would embolden militant groups rather than advance peace.

Trump’s remarks came as more than 150 UN member states have now formally recognized Palestine, including Canada, the UK, France, and Australia. Supporters of recognition argue it strengthens the two-state solution and isolates Hamas, while critics—echoing Trump’s stance—say it undermines negotiations and rewards violence.


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