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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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Missile Strikes and Political Deadlock Deepen Middle East Crisis

 

  Israelis take shelter in underground car parks as sirens sound in Tel Aviv.




Iran launched a large wave of missiles at Israel early on March 5, forcing millions of Israelis into bomb shelters as the conflict between the U.S., Israel, and Iran entered its sixth day. The strikes intensified an already volatile situation, with explosions reported across multiple regions and tensions rising along the Israel‑Lebanon border. 

In Washington, efforts to curb the U.S. air campaign were halted when Republican senators blocked a motion that would have required congressional authorization for continued military action. The vote leaves the administration’s war powers largely intact as the conflict widens across the Middle East. 

The escalation has drawn global concern as both sides exchange strikes—Israel responding with attacks on targets in Tehran and Iran continuing its missile barrage. With diplomatic channels strained and regional actors increasingly drawn in, the situation remains highly unstable. 

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