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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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A United Vision: The Obamas Rally Behind Harris at DNC


 In a significant moment at the Democratic National Convention, Barack and Michelle Obama endorsed Vice President Kamala Harris, underscoring the historic nature of her candidacy. 

The former President and First Lady delivered impassioned speeches that not only supported Harris but also emphasized the critical juncture at which the nation stands. Barack Obama praised Harris for her readiness to lead, reflecting on the values she represents and the progress she signifies for the country. Michelle Obama, with equal fervor, highlighted Harris's qualifications and the hope she brings to a nation in need of unity and direction. 

This endorsement comes at a pivotal time, as Harris's candidacy represents not just a continuation of the Democratic legacy but also a step forward in the ongoing journey toward a more inclusive and equitable America. The Obamas' backing is expected to galvanize support as the campaign enters its final stretch, signaling a united front in the pursuit of a common vision for the future of the United States.


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