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Bank of Canada Holds at 2.25% — Again: What It Means for Your Mortgage and Markets Today

  Wednesday, June 10, 2026  |  Canadian Money Brief It's official: the Bank of Canada held its overnight rate steady at 2.25% this morning — the fourth consecutive hold in 2026 , following identical decisions in January, March, and April. The move was widely anticipated, but the language in today's statement and Governor Tiff Macklem's 10:30 a.m. press conference are delivering the real signal: the BoC is watching the Middle East conflict carefully, is not yet alarmed by inflation, but is making clear that rate hikes remain on the table if energy prices push inflation higher. Here's the full picture — BoC reaction, Canadian markets, Wall Street, oil, and global moves. 🏦 Bank of Canada: Holds at 2.25% — But With a Warning The Bank of Canada's statement this morning was brief but pointed. The Governing Council noted that "economic activity in Canada has been weak and uncertainty about US trade policy persists," while also flagging that "the conflict ...
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Dollarama's Expansion: New Opportunities and Employee Rights in Ontario

 

Dollarama is set to significantly expand its presence in Canada, aiming to open hundreds of new stores over the next decade. This ambitious plan is expected to create numerous employment opportunities across the country, particularly in Ontario. However, as the company grows, it's crucial for potential employees to be aware of their rights under Ontario's Employment Standards Act (ESA).


Here are three key rights that non-unionized workers should know:

1. No Rush to Sign Employment Contracts: Employees are not required to sign an employment contract immediately upon receiving a job offer. It's advisable to consult with an employment lawyer to ensure that the contract protects your rights.

2. Severance Pay During Probation: Even if you're fired during a probationary period, you might still be entitled to severance pay. The presence of a "probation clause" in your contract does not necessarily negate this right.

3. Inducement and Severance Entitlements: If you're recruited from another job and then terminated shortly after, you may be entitled to additional severance pay due to the inducement.

As Dollarama continues its expansion, understanding these rights can help employees navigate their employment journey with confidence and security.




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