From the Bank of Canada's steady hand to a surge in housing starts and Ottawa's new financial crime-fighting agency — here are the five money stories every Canadian should have on their radar this morning. 1 Bank of Canada Rate Holds at 2.25% — Next Decision June 10 The Bank of Canada kept its overnight rate at 2.25% on April 29 and has signalled it intends to stay put for now. Governing Council is keeping a close eye on Middle East conflict spillover into energy prices, ongoing U.S. tariff uncertainty, and whether inflation — currently hovering just above the 2% target — becomes entrenched. Bond markets are currently pricing in roughly an 18% chance of a 25-basis-point cut by the July 15 announcement, making a move at the June 10 meeting unlikely. 💡 What it means for you: Variable-rate mortgage and HELOC holders can exhale — no surprise hikes on the horizon. But don't expect big rate relief either; the "lower-for-longer" window appears to be closing. 2 Mortgage...
Exploring Ancient Greece: Beyond the Acropolis
Greece, with its rich history and captivating mythology, boasts an impressive collection of ancient landmarks. While Athens and the iconic Acropolis are well-known, there’s a wealth of other treasures waiting to be discovered. Let’s step beyond the Greek capital and explore some of the most remarkable sites:
- Meteora Monasteries: Perched atop towering rock formations, these monasteries offer breathtaking views and a spiritual experience.
- Delphi: Once considered the center of the world, Delphi was home to the Oracle of Apollo and features ancient temples and a theater.
- Olympia: The birthplace of the Olympic Games, Olympia boasts a stadium, temples, and statues dedicated to Zeus.
- Epidaurus: Famous for its well-preserved theater, Epidaurus also has a healing sanctuary dedicated to Asclepius.
- Knossos: On Crete, explore the Minoan palace of Knossos, where the legendary Minotaur roamed the labyrinth.
- Mystras: A medieval ghost town with Byzantine ruins, Mystras offers stunning views of the surrounding landscape.
- Sounion: Visit the Temple of Poseidon at Cape Sounion, overlooking the Aegean Sea.
- Ancient Corinth: Discover ancient temples, the Acrocorinth fortress, and the famous Corinth Canal.
- Akrotiri: Explore the Minoan city buried by volcanic ash on Santorini.
- Rhodes Old Town: Wander through medieval streets, visit the Palace of the Grand Master, and admire the Colossus of Rhodes (no longer standing).
These lesser-known gems reveal Greece’s fascinating past and invite you to travel back in time.
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