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Bank of Canada Holds at 2.25% — Again: What It Means for Your Mortgage and Markets Today

  Wednesday, June 10, 2026  |  Canadian Money Brief It's official: the Bank of Canada held its overnight rate steady at 2.25% this morning — the fourth consecutive hold in 2026 , following identical decisions in January, March, and April. The move was widely anticipated, but the language in today's statement and Governor Tiff Macklem's 10:30 a.m. press conference are delivering the real signal: the BoC is watching the Middle East conflict carefully, is not yet alarmed by inflation, but is making clear that rate hikes remain on the table if energy prices push inflation higher. Here's the full picture — BoC reaction, Canadian markets, Wall Street, oil, and global moves. 🏦 Bank of Canada: Holds at 2.25% — But With a Warning The Bank of Canada's statement this morning was brief but pointed. The Governing Council noted that "economic activity in Canada has been weak and uncertainty about US trade policy persists," while also flagging that "the conflict ...
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Controversy Surrounds Kamala Harris’ VP Frontrunner Amid Harassment Cover-up Allegations

 

In a recent development, Pennsylvania Governor Josh Shapiro, a leading contender to be Vice President Kamala Harris’ running mate, has been accused of covering up a sexual harassment scandal. The allegations were brought to light by Erin McClelland, a Democrat running for Pennsylvania’s state treasurer. McClelland claimed that Shapiro is unfit to be Harris’ vice-presidential pick, citing his alleged insecurity about being “second under a woman” and his involvement in a harassment cover-up.

McClelland’s accusations focus on Shapiro’s handling of a harassment case involving his top legislative liaison, Mike Vereb. Shapiro’s office reportedly paid $295,000 in a settlement to a woman who accused Vereb of harassment, but Vereb did not resign until months later. McClelland expressed her concerns on social media, suggesting that Harris should consider other candidates who are more secure in their roles and supportive of female leadership.

This controversy has sparked a debate about the qualities needed in a vice-presidential candidate and the importance of addressing harassment allegations transparently. As the Democratic Party prepares for the upcoming election, these allegations could impact Shapiro’s chances of being selected as Harris’ running mate.


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