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Bank of Canada Rate Decision June 10: What It Means for Your Mortgage, Savings & Deb

  Mark your calendar: Wednesday, June 10 is the Bank of Canada's next interest rate announcement — and for millions of Canadians juggling mortgages, savings accounts, and lines of credit, the decision matters. Here's what you need to know before it happens, and what to do depending on the outcome. Where We Stand Right Now The Bank of Canada has held its key overnight rate at 2.25% since late 2025 — down sharply from the peak of 5.0% in June 2024, following nine consecutive rate cuts through the easing cycle. But the cuts have stopped. The BoC's most recent decision on April 29 kept rates unchanged, and for the first time, the Bank explicitly put both cuts and hikes back on the table. Why the shift in tone? Two big forces are pulling in opposite directions: Energy-driven inflation: Rising oil prices tied to the ongoing Middle East conflict have pushed Canada's CPI to 2.4% and inflation is expected to peak around 3% before easing back toward the 2% target in 2027. Sl...

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Avocado Toast

 


This is the easiest—and the last—avocado toast recipe you'll ever need to know. Memorize the recipe, then use it as a jumping off point for your favorite avocado toast riffs. Put an egg on it, top it with tuna salad or crown it with fluffy alfalfa sprouts for a healthy and satisfying meal. 


Ingredients

  • ½ small avocado
  • ½ teaspoon fresh lemon juice
  •  teaspoon Kosher salt
  •  teaspoon freshly ground black pepper
  • 1 slice whole grain bread, toasted
  • ½ teaspoon extra-virgin olive oil
  • Maldon sea salt flakes or red pepper flakes for garnish (optional)

Directions

  1. 1. In a small bowl, combine avocado, lemon juice, salt, and pepper. Gently mash with the back of a fork.

  2. 2. Top toasted bread with mashed avocado mixture. Drizzle with olive oil and sprinkle over desired toppings.

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