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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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Daylight Saving Time 2024: When the Clocks Fall Back

 

As autumn settles in and the days grow shorter, it’s time to prepare for the end of Daylight Saving Time (DST) in 2024. This year, DST will officially end at 2 a.m. local time on Sunday, November 3rd. This means that clocks will “fall back” one hour, giving us an extra hour of sleep and marking the return to standard time.

The practice of adjusting clocks during DST aims to make better use of daylight during the longer days of spring and summer. However, as we move into the colder months, the shift back to standard time provides more daylight in the morning, which can be beneficial for early risers.

While the extra hour of sleep is often welcomed, the transition can be a bit disorienting. Here are a few tips to help you adjust smoothly:

  • Gradual Adjustment: Start going to bed 15-30 minutes earlier a few days before the change.
  • Morning Light: Spend time outside in the morning light to help reset your internal clock.
  • Consistent Routine: Stick to a regular sleep schedule, even on weekends.

Remember to update any manual clocks before going to bed on November 2nd to avoid confusion the next morning. Enjoy the extra hour of rest and the cozy fall mornings!


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