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Bank of Canada Rate Decision: What to Expect on June 10

  On Wednesday, June 10, 2026 , the Bank of Canada will announce its next interest rate decision — and every Canadian with a mortgage, a savings account, or a variable-rate line of credit has good reason to pay attention. While a hold at the current 2.25% overnight rate is almost universally expected, the real story this month isn't the number itself. It's the language surrounding it. Canada's economy has slipped into what many are calling a technical recession, inflation is being pushed higher by a global energy shock, and economists are divided on where rates go from here. Here's everything you need to know before Wednesday's announcement. BoC Overnight Rate 2.25% Held since early 2026 Bank Prime Rate 4.45% Most major lenders April CPI Inflation 2.8% Up from 2.4% in March Hike Probability (Jun 10) ~4% Per bond markets Q1 2026 GDP Growth −0.1% Annualized; near-recession Where Things Stand: A Tricky Balancing Act The Bank of Canada has held its overnight rate at 2....
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Tax-Loss Selling Targets: A Look at Some Table-Pounding Buys

 


With the end of the year nearing, many investors are looking for ways to minimize their tax bill by applying tax-loss harvesting, the technique of selling investments that have lost value in order to offset capital gains and lower an investor’s tax burden. 

Tax-loss harvesting can help investors reduce their taxable income, diversify their portfolio, and take advantage of market fluctuations. 

However, one of the risks and limitations to consider is the wash-sale rule, which prevents investors from claiming a loss on a sale of an investment if they buy a substantially identical investment within 30 days before or after the sale. This rule is designed to prevent investors from artificially creating losses for tax purposes. 

 There are also some other risks to consider, such as transaction costs, and opportunity costs.

Here are three attractive buying opportunities for companies whose shares have experience downward pressure this year: Canadian Tire Corp. Ltd., TC Energy Corp., and Toronto-Dominion Bank are three companies that have suffered lower share prices due to tax-loss selling and represent compelling buying opportunities.


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