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...
How to prevent heart disease and stroke
Heart disease and stroke are two of the leading causes of death and disability worldwide. They are both caused by problems with the blood vessels that supply oxygen and nutrients to the heart and brain. The most common risk factors for heart disease and stroke are high blood pressure, high cholesterol, smoking, diabetes, obesity, physical inactivity, and unhealthy diet.
Fortunately, there are many ways to prevent heart disease and stroke, or to reduce their impact if they occur. Here are some tips to keep your heart and brain healthy:
1. Monitor your blood pressure and cholesterol levels regularly and follow your doctor's advice on how to control them.
2. Quit smoking or avoid exposure to secondhand smoke.
3. Manage your blood sugar levels if you have diabetes or prediabetes.
4. Maintain a healthy weight and avoid abdominal obesity.
5. Exercise regularly for at least 150 minutes per week of moderate-intensity aerobic activity, such as brisk walking, cycling, or swimming.
6. Eat a balanced diet that is low in saturated fat, trans fat, salt, and added sugars, and high in fruits, vegetables, whole grains, nuts, seeds, fish, and lean meats.
7. Limit your alcohol intake to no more than one drink per day for women and two drinks per day for men.
8. Manage your stress levels and practice relaxation techniques, such as meditation, yoga, or deep breathing.
9. Seek medical attention promptly if you experience any signs or symptoms of heart attack or stroke, such as chest pain, shortness of breath, arm or leg weakness, facial drooping, slurred speech, or sudden severe headache.
By following these steps, you can lower your risk of heart disease and stroke and improve your quality of life. Remember that prevention is better than cure!
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