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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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Zelensky Urges Trump for Missiles to Pressure Putin Toward Peace

                      President Trump, left, greets Ukraine's President Volodymyr Zelensky at the White House on Friday. 

Ukrainian President Volodymyr Zelensky met with U.S. President Donald Trump at the White House on Friday, pressing for the delivery of long-range Tomahawk missiles that he argued are essential to compel Russian President Vladimir Putin into serious peace negotiations.

Zelensky, accompanied by senior aides, framed the request as a decisive step to shift the balance of the war. “These weapons could bring Russia to the table,” he said, emphasizing that only increased military pressure would force Moscow to negotiate in good faith.

Trump, however, signaled hesitation. While acknowledging Ukraine’s urgent needs, he suggested that providing Tomahawks could risk escalating the conflict. “Hopefully they won’t need it,” Trump remarked, adding that he believed there was “momentum to finish the war” without resorting to such advanced weaponry.

The meeting came just a day after Trump’s phone call with Putin, during which the Russian leader warned against U.S. missile transfers to Kyiv. Trump also announced plans for a future summit with Putin in Budapest, raising questions about whether Washington’s diplomatic track might overshadow Kyiv’s military requests.

For Zelensky, the stakes remain high. With the war grinding on, he continues to argue that only stronger U.S. support—particularly in the form of long-range strike capabilities—can create the leverage needed to bring Russia to the negotiating table.


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