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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 Misleading Outrage: The Truth About Barron’s Graduation Ban

Former President Donald Trump recently expressed frustration over the possibility of missing his son Barron’s high school graduation due to his ongoing criminal trial. However, let’s set the record straight on what the judge actually said.

The Situation:

  • Trump’s trial centers around allegations that he paid porn actor Stormy Daniels to keep quiet about their alleged affair before the 2016 election.
  • Judge Juan Merchan received requests from Trump’s attorneys to allow him to skip trial proceedings on May 17, the same day as Barron’s graduation.

What the Judge Really Said:

  • Judge Merchan did not outright deny Trump’s request to attend Barron’s graduation.
  • He stated that it might be possible for Trump to attend the celebration, but it would depend on how the trial progresses.
  • Merchan warned that Trump could face arrest if he misses court or disrupts trial proceedings.

Trump’s Spin:

  • Trump spun the situation into an attack on what he called a “scam” trial against him.
  • His eldest son, Donald Trump Jr., labeled it “pure evil.”
  • Eric Trump criticized Merchan as “truly heartless” for not allowing a father to attend his son’s graduation.

Critics’ Perspective:

  • Critics pointed out that defendants shouldn’t receive special privileges.
  • Trump’s disingenuous spin whipped up anger on the right, even among his other sons, Don Jr. and Eric.

In summary, while Trump’s outrage may have grabbed headlines, the truth is more nuanced. Judge Merchan didn’t outright ban Trump from attending Barron’s graduation; he simply emphasized the importance of court proceedings. The situation remains fluid, and we’ll see how it unfolds as the trial continues.

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