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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 ...
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Trump Appoints In-Laws to Key International Roles

 


In a move that underscores his reliance on trusted family members, President-elect Donald Trump has appointed his in-laws, Charles Kushner and Massad Boulos, to significant international positions. This decision marks the second time in as many days that Trump has selected family members for key roles in his administration.

Charles Kushner, the father of Trump's son-in-law Jared Kushner, has been named the U.S. ambassador to France. Kushner, a billionaire real estate developer, was previously convicted on federal charges but received a pardon from Trump in 2020. His appointment is expected to play a pivotal role in engaging with the French government, a key partner in enforcing the ceasefire in Lebanon and countering Iran's nuclear ambitions.

Massad Boulos, the father-in-law of Trump's daughter Tiffany, has been appointed as the senior adviser on Arab and Middle Eastern affairs. Boulos, a billionaire businessman with significant interests in Nigeria and strong connections in Lebanon, was a key figure in Trump's campaign outreach to Arab American voters. His new role positions him as a central figure in post-war efforts for regional peace.

Trump's reliance on family members for critical posts has raised questions about conflicts of interest and nepotism. However, Trump has defended his choices, describing both Kushner and Boulos as accomplished leaders with extensive international experience.

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