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5 Things to Know Today — June 11, 2026

  The Bank of Canada confirmed its fifth straight rate hold yesterday, oil slipped back toward $89 a barrel after fresh U.S. strikes on Iran, and Canada Post workers officially have a new contract. Here is what every Canadian needs to know heading into Wednesday. 1 of 5 — Interest Rates Bank of Canada holds at 2.25% — for the fifth time in a row The Bank of Canada kept its benchmark interest rate unchanged at 2.25% on June 10, marking five consecutive holds since late 2025. Governor Tiff Macklem said the central bank is trying to balance two opposing forces: inflation pushed higher by elevated energy costs from the Middle East war, and an economy that has barely grown in recent quarters. "Economic weakness combined with rising inflation is a dilemma for monetary policy," Macklem told reporters, adding that holding the rate "balances those risks" for now. What it means for you: Variable-rate mortgage holders and borrowers with lines of credit get another month of pa...
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Trump’s Historic Criminal Trial: A Landmark Moment in U.S. History

 

On Monday, a momentous event will unfold in the annals of American justice: Donald Trump, the 45th President of the United States, will face trial on criminal charges. This unprecedented trial marks the first time a former U.S. president has been indicted, and its implications are far-reaching.

The Charges

The case centers around alleged hush money payments made to adult film actor Stormy Daniels just before the 2016 presidential election. Trump is accused of falsifying business records to conceal a $130,000 payment to Daniels, facilitated by his then-attorney Michael Cohen. The charges include 34 counts related to these financial transactions.

The Context

While paying hush money itself is not illegal, Trump’s actions go beyond mere financial transactions. Prosecutors argue that he deliberately made false entries in financial records to cover up crimes related to the 2016 election. These alleged violations include violating New York election law and exceeding federal campaign contribution limits.

The Trial

Jury selection begins on April 15, and Manhattan District Attorney Alvin Bragg will lead the prosecution. The trial will delve into the intricacies of business records, campaign finance laws, and the intent behind Trump’s actions. As the courtroom drama unfolds, the eyes of the nation will be on this historic event.

The Bigger Picture

Beyond the legal proceedings, this trial carries immense political weight. Trump, now in a fierce 2024 election rematch against incumbent President Joe Biden, seeks to return to the White House. The outcome of this trial could significantly impact his political future and shape the course of American democracy.

In the coming days, as the trial unfolds, the world will witness a pivotal moment in U.S. history. Whether Trump’s actions were criminal or merely unorthodox remains to be seen, but the trial itself is a testament to the enduring strength of the American legal system. Stay tuned for updates as this historic chapter plays out in the heart of Manhattan’s courtrooms.

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