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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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Daring Rescue: Israel Frees Hostages in Hamas-Led Operation

 


In a daring operation, Israel successfully rescued four hostages who were kidnapped during a Hamas-led attack on October 7. The hostages—Noa Argamani (25), Almog Meir Jan (21), Andrey Kozlov (27), and Shlomi Ziv (40)—were freed in a complex special daytime mission in Nuseirat. The rescue took place in two separate locations within the heart of Nuseirat.

Hamas had initially abducted around 250 hostages during their attack on southern Israel. Approximately half of them were released during a weeklong cease-fire in November. However, more than 130 hostages remain, with about a quarter of them believed to be deceased. The situation has intensified divisions within Israel on the best approach to bring the remaining hostages home.

Saturday’s operation marks the largest recovery of live hostages since the war began, bringing the total number of rescued captives to seven.

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