Skip to main content

Featured

5 Things to Know Today – June 9, 2026

  Here are the five stories shaping your money today — from tomorrow's pivotal Bank of Canada decision to a looming trade deadline that could affect every Canadian business. 1. 🏦 Bank of Canada Decides Tomorrow — Hold Expected, But It's Not Simple All eyes are on Ottawa as the Bank of Canada announces its overnight rate decision on Wednesday, June 10 at 9:45 a.m. ET. The benchmark rate currently sits at 2.25%, and a hold is the widely expected outcome. But experts say it's the most uncertain call in months. Canada's economy has slipped into a technical recession — Q1 2026 GDP contracted at an annualized rate of -0.1%, following a downward revision to Q4 2025 (-1.0%). Under normal conditions, that would point toward a rate cut. But with energy-driven inflation climbing to 2.8% in April and geopolitical pressures still unresolved, the Bank is stuck between a rock and a hard place. Governor Tiff Macklem holds a press conference at 10:30 a.m. ET. Markets will be listening ...

article

World Food Program Launches Major Food Aid Effort in Sudan


The United Nations World Food Programme (WFP) has announced a significant scale-up of food aid deliveries to Sudan, aiming to reach millions in the country's most famine-stricken and isolated areas. More than 700 trucks are currently en route, carrying approximately 17,500 tons of food assistance, enough to feed 1.5 million people for one month.

The aid is destined for 14 areas facing severe food insecurity, including the Zamzam camp in conflict-torn Darfur. Laurent Bukera, WFP Regional Director for Eastern Africa, emphasized the critical nature of this effort, stating, "These trucks carry more than just food; they carry a lifeline for people caught in the crossfire of conflict and hunger."

WFP has been working tirelessly to reach isolated conflict zones, and this latest surge is part of their ongoing efforts to support those most in need. The organization has supported seven million people in Sudan this year and aims to reach over eight million by the end of 2024.



Comments