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5 Things to Know Today – June 9, 2026

  Here are the five stories shaping your money today — from tomorrow's pivotal Bank of Canada decision to a looming trade deadline that could affect every Canadian business. 1. 🏦 Bank of Canada Decides Tomorrow — Hold Expected, But It's Not Simple All eyes are on Ottawa as the Bank of Canada announces its overnight rate decision on Wednesday, June 10 at 9:45 a.m. ET. The benchmark rate currently sits at 2.25%, and a hold is the widely expected outcome. But experts say it's the most uncertain call in months. Canada's economy has slipped into a technical recession — Q1 2026 GDP contracted at an annualized rate of -0.1%, following a downward revision to Q4 2025 (-1.0%). Under normal conditions, that would point toward a rate cut. But with energy-driven inflation climbing to 2.8% in April and geopolitical pressures still unresolved, the Bank is stuck between a rock and a hard place. Governor Tiff Macklem holds a press conference at 10:30 a.m. ET. Markets will be listening ...

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How Tiny Forests Can Help Fight Climate Change and Boost Biodiversity

 

Climate change and biodiversity loss are two of the most pressing environmental challenges of our time. But what if there was a simple and effective way to tackle both at once? Enter the tiny forest: a dense, fast-growing native woodland, usually about the size of a tennis court, that can provide multiple benefits for people and nature.

Tiny forests originated in Japan, where botanist Akira Miyawaki developed a method to plant a variety of native trees and shrubs in a small area, mimicking the natural succession of a forest. His goal was to restore the native vegetation that had been lost due to deforestation and urbanization. Since then, the concept has spread to many countries, including Canada, where several tiny forest projects have been launched in recent years.

According to research, tiny forests can capture more carbon, more quickly than conventional tree planting, as the trees and shrubs grow faster and compete for light. They can also support a rich diversity of wildlife, such as birds, butterflies and insects, creating a mini-ecosystem in urban areas. Moreover, they can improve air quality, reduce noise pollution, and provide a place for people to connect with and learn about nature.

Tiny forests are also low-maintenance and cost-effective, as they require little watering and weeding after the first few years. They can be planted in vacant lots, neglected parks, or along busy roads, making use of underutilized spaces. They can also involve local communities, schools, and businesses, who can participate in the planting and monitoring of the forests.

Tiny forests are not a silver bullet for the environmental crisis, but they are a powerful tool that can make a difference at a local scale. By planting more tiny forests, we can help fight climate change and boost biodiversity, while also enhancing the well-being and resilience of our cities.

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