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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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BBC Faces Backlash Over Trump Speech Edit, Chairman Issues Apology

                                          People walk outside BBC Broadcasting House in London.


The BBC has been thrust into controversy after admitting to an “error of judgment” in editing a speech by U.S. President Donald Trump for its Panorama documentary. BBC chairman Samir Shah issued a formal apology, acknowledging that the edit gave the misleading impression that Trump had directly called for violent action during the January 6 Capitol riot.

The fallout has been significant. Both Director-General Tim Davie and BBC News Chief Executive Deborah Turness resigned following the storm of criticism, which intensified after a leaked internal memo revealed concerns about the edit. The memo, written by former adviser Michael Prescott, suggested that the documentary had spliced together different parts of Trump’s speech in a way that distorted its meaning.

Shah, in a letter to the UK Parliament’s Culture, Media and Sport Committee, admitted that the broadcaster should have acted sooner when the issue was first raised internally. He stressed that the BBC must “champion impartiality” and rebuild public trust, noting that the corporation had received more than 500 complaints since the memo’s publication.

The Panorama programme, which aired shortly before the controversy erupted, has now become a focal point in debates about media responsibility and editorial standards. Shah insisted that while mistakes were made, the BBC did not attempt to “bury” the concerns raised, and pledged reforms to ensure greater transparency in future editorial decisions.

This incident underscores the delicate balance media organisations must maintain between editorial judgment and public trust. For the BBC, one of the world’s most respected broadcasters, the challenge now lies in restoring confidence in its commitment to fairness and accuracy.


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