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Bank of Canada Rate Decision Tomorrow: What Every Canadian Needs to Know Before June 10

Current Rate 2.25% Held since Oct 2025 Expected Decision HOLD 34/34 economists Announcement 9:45 AM Wed, June 10 (ET) Prime Rate 4.45% Most major lenders On Wednesday morning, June 10, the Bank of Canada will announce its interest rate decision at 9:45 AM ET — and for Canadians with a mortgage, a variable-rate loan, or a renewal coming up, the decision is just two days away. Governor Tiff Macklem will follow with a press conference at 10:30 AM. The short answer: expect no change. But the full picture is considerably more complicated — and the Bank's tone tomorrow could signal whether rate hikes are quietly creeping back onto the table. The Consensus: A Hold, Full Stop The economist community is remarkably united heading into this decision. In a Reuters poll conducted June 2–5, all 34 economists surveyed predicted the Bank would leave its overnight rate at 2.25%. More than 80% said it would stay there for the rest of 2026. "Under normal circumstances, today's sagging econom...

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Your lookahead horoscope: September 29, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Are you brave enough to begin a new adventure? Of course you are. The message of your birthday chart is that a break with the past will be good not just for you but for all the people whose lives interact with your own. Be a catalyst for change.

ARIES (March 21 - April 20):

Cosmic activity in the partnership area of your chart will bring you into contact with a wide range of people this week, some of whom will become very good friends. Together you will enjoy discussing the meaning of life, and have fun in the process.

TAURUS (April 21 - May 21):

The upcoming solar eclipse will encourage you to take a more serious approach to your working routine. Old habits may die hard but it will soon become apparent that you can and you must bring your methods up to date if you want to make progress.

GEMINI (May 22 - June 21):

This is the ideal time to get serious about something you have been thinking about on and off for weeks, months, maybe even years. The cosmic picture is such that if you start work on it now it will be all but complete by the end of the year.

CANCER (June 22 - July 23):

Recent events have been challenging and no doubt you could do with a rest – so take one. Partners and loved ones will sense your need to wind down a bit and give you the space you seek to relax and restore your physical and emotional batteries.

LEO (July 24 - Aug. 23):

You enjoy the warmth of human contact but you won’t find it unless you get involved in the wider world. Cosmic activity in the most sociable area of your chart will make it easy to make new friends – and old friends will appreciate you more than ever.

VIRGO (Aug. 24 - Sept. 23):

You need to decide what is of most importance to you now: your ambitions or your freedom to come and go as you please. If you want to move up in the world you must anchor yourself in one place for a while. Why should that be so hard?

LIBRA (Sept. 24 - Oct. 23):

There may be no limits to what you can do but that is not an invitation to do everything. The closer you get to Wednesday’s solar eclipse the more you will recognize what you should be aiming for. Listen to, and act on, what your inner voice tells you.

SCORPIO (Oct. 24 - Nov. 22):

It may seem as if some people are treating you with less respect than you deserve but most likely you are being needlessly touchy. Resist the urge to hit back at them this week or you could turn them against you for no reason at all.

SAGITTARIUS (Nov. 23 - Dec. 21):

You enjoy thinking for yourself, even if your thoughts do sometimes go off in weird and wonderful directions. If some of the ideas that come into your head over the next few days seem outrageous, be smart and get a second opinion.

CAPRICORN (Dec. 22 - Jan. 20):

You have been pushing ahead too fast and too hard and need to be more gentle with yourself. A good first step would be to stop worrying. What will be will be and there is no logical reason why you should be anxious about it.

AQUARIUS (Jan. 21 - Feb. 19):

As one of the zodiac’s fixed signs you have a tendency to tunnel vision, which can be a big help for getting things done but no help at all when you need to adapt. Break out of that tunnel and see how much bigger the world really is.

PISCES (Feb. 20 - Mar. 20):

You may be tempted to cut ties with a group that once meant a lot to you but which now seems to be holding you back, but don’t make a final decision until after the solar eclipse on the 2nd. It may still be worth carrying on with.



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