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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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Smog Crisis in India: Taj Mahal Shrouded, Flights Delayed





A thick blanket of toxic smog has enveloped northern India, severely impacting visibility and air quality. The iconic Taj Mahal in Agra, a symbol of love and architectural marvel, has been obscured by the dense haze, leaving visitors disappointed. The Golden Temple in Amritsar, another significant landmark, has also been affected.

The smog, caused by a combination of high pollution levels, humidity, and stagnant winds, has led to significant disruptions in daily life. Delhi’s air quality index (AQI) has been recorded in the ‘severe’ category, with visibility dropping to just 300 meters at the city’s international airport. This has resulted in numerous flight delays, with 88% of departures and 54% of arrivals affected.

Health concerns are rising as hospitals report an increase in patients, particularly children, suffering from respiratory issues such as allergies, coughs, and asthma attacks. The situation is exacerbated by the illegal burning of crop residues in the farming states of Punjab and Haryana, contributing to the already hazardous air quality.

Authorities are urging residents to stay indoors and use air purifiers if possible. The smog is expected to persist, with slight improvements anticipated in the coming days as weather conditions change.


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