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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 Leadership Shake-Up as Top Executives Resign

                                            BBC Director-General Tim Davie

The BBC has been thrust into turmoil following the sudden resignations of Director General Tim Davie and News Chief Deborah Turness. Their departures mark a significant leadership vacuum at the broadcaster, which is already grappling with mounting political and public scrutiny over its editorial direction and funding challenges.

Davie, who took the helm in 2020, was credited with steering the corporation through a period of intense debate over impartiality and digital transformation. Turness, appointed in 2022, brought extensive international experience to the BBC’s news division, aiming to modernize its global coverage.

The resignations have sparked urgent discussions among the BBC Board and government officials about the future of the organization. Analysts suggest the broadcaster now faces a critical test in maintaining public trust while navigating financial pressures and the rapidly evolving media landscape.


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