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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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How to Avoid Breaking the Bank This Holiday Season

The holiday season is a time of joy, celebration and generosity, but it can also be a time of stress, anxiety and debt. If you are worried about overspending and ruining your budget, here are some tips on how to avoid breaking the bank this holiday season.

1. Set a realistic budget and stick to it. Before you start shopping, make a list of all the expenses you expect to have, such as gifts, food, travel, decorations and entertainment. Then, allocate a specific amount of money for each category and track your spending as you go. Try not to use credit cards or loans to cover your expenses, as they will only increase your debt and interest payments.

2. Shop smart and compare prices. Don't buy the first thing you see or fall for impulse purchases. Do some research online and compare prices from different stores and websites. Look for discounts, coupons, sales and free shipping offers. You can also use apps and tools that help you find the best deals and save money.

3. Be creative and make your own gifts. Homemade gifts are not only cheaper, but also more personal and meaningful. You can use your skills and talents to create something unique and special for your loved ones, such as baked goods, crafts, art, jewelry, photos or videos. You can also offer your time and services as a gift, such as babysitting, cooking, cleaning or tutoring.

4. Plan ahead and avoid last-minute shopping. Last-minute shopping can lead to stress, panic and overspending. To avoid this, start planning and shopping early, preferably before December. This way, you will have more time to find the best deals, avoid crowds and shipping delays, and enjoy the holiday spirit.

5. Remember the true meaning of the holiday season. The holiday season is not about how much money you spend or how many gifts you give or receive. It is about spending quality time with your family and friends, expressing your gratitude and appreciation, and celebrating your traditions and values. Don't let the pressure of consumerism ruin your happiness and peace of mind.

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