From the Bank of Canada's steady hand to a surge in housing starts and Ottawa's new financial crime-fighting agency — here are the five money stories every Canadian should have on their radar this morning. 1 Bank of Canada Rate Holds at 2.25% — Next Decision June 10 The Bank of Canada kept its overnight rate at 2.25% on April 29 and has signalled it intends to stay put for now. Governing Council is keeping a close eye on Middle East conflict spillover into energy prices, ongoing U.S. tariff uncertainty, and whether inflation — currently hovering just above the 2% target — becomes entrenched. Bond markets are currently pricing in roughly an 18% chance of a 25-basis-point cut by the July 15 announcement, making a move at the June 10 meeting unlikely. 💡 What it means for you: Variable-rate mortgage and HELOC holders can exhale — no surprise hikes on the horizon. But don't expect big rate relief either; the "lower-for-longer" window appears to be closing. 2 Mortgage...
Egg Bites with Bacon & Gruyère
Ingredients:
- 4 large eggs
- 1/2 cup cottage cheese
- 1/2 cup shredded Gruyère cheese
- 1 tablespoon cornstarch
- 1/4 teaspoon salt
- 1/8 teaspoon black pepper
- 2 tablespoons chopped cooked bacon
- Hot sauce, to taste
Instructions:
- Preheat the oven to 300°F and grease a 12-cup muffin tin with nonstick cooking spray.
- In a blender, combine the eggs, cottage cheese, Gruyère, cornstarch, salt, pepper, and hot sauce. Blend until completely smooth.
- Pour the egg mixture evenly into the prepared muffin pan, filling each well about three-quarters full.
- Divide the bacon evenly over the egg bites.
- Bake for 20 to 25 minutes, until the eggs are just set.
- Let rest in the pan for about 5 minutes. Use a small spoon to loosen the egg bites from the edges of the pan and carefully lift them out onto a plate.
- Serve warm.
Enjoy your Egg Bites with Bacon & Gruyère!
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