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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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Greece Grinds to a Halt as Workers Strike Against 13-Hour Workday Plan

 

Greece came to a standstill on Wednesday as ferries, trains, taxis, and much of the public transport network were halted during a nationwide strike against proposed labour reforms. Thousands of workers, including teachers, seafarers, and civil servants, marched through central Athens to denounce a government bill that would allow employers to extend working hours up to 13 hours a day.

Unions argue the measure threatens workers’ rights, calling it “modern slavery” and warning it will worsen exploitation in a country still recovering from years of austerity. Protest banners read “No to slavery” and “We are not machines,” as demonstrators demanded higher wages instead of longer hours.

The government insists the reform is optional, limited to 37 days a year, and offers 40% overtime pay, framing it as a step toward a more flexible labour market. But critics say the plan risks undermining work-life balance and endangering health and safety.

With ferries tied up in ports, trains suspended, and public services disrupted, the strike highlighted the deep divide between Greece’s conservative government and its workforce over the future of labour rights in the country.


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