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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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Kamala Harris Secures Nomination with Unprecedented Delegate Support


In a remarkable turn of events, Vice President Kamala Harris has garnered enough delegate support to secure the Democratic nomination for president on the very first day of her campaign.

This swift consolidation of support comes after President Joe Biden's endorsement and sets a new record in the political annals of the United States. Harris's campaign, which has been marked by a surge of endorsements from key figures within the party, has also seen a historic fundraising effort, amassing over $81 million in contributions. 

The Vice President's rapid acquisition of delegates reflects a broader trend of unity within the Democratic Party, as major potential rivals have rallied around her candidacy. With the Democratic National Committee preparing for its nominating vote, Harris's campaign is poised to enter the presidential race with a strong start and a clear path forward. Her success signals a significant shift in the political landscape and underscores the importance of delegate support in the nomination process.

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