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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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Tragic Loss: Five Palestinian Journalists Killed in Israeli Airstrike

In a devastating incident, five Palestinian journalists lost their lives in an Israeli airstrike in Gaza, as reported by the Gaza Health Ministry. The strike targeted a vehicle outside the Al-Awda Hospital in the Nuseirat refugee camp, where the journalists were working for the local Quds News Network. This tragic event adds to the growing toll of over 130 Palestinian reporters killed since the start of the conflict.

The Israeli military stated that the strike was aimed at a group of militants allied with Hamas. However, the loss of these journalists highlights the severe risks faced by media professionals in conflict zones. The ongoing conflict has resulted in significant casualties, with Gaza's Health Ministry reporting over 45,000 Palestinians killed, more than half of them women and children.

The international community continues to call for a ceasefire and protection of civilians, including journalists, who play a crucial role in documenting the realities of war.



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