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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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Provinces to Fund Nurse Practitioners for Primary Care by 2026

 

Starting in 2026, provincial and territorial health plans will cover primary care provided by nurse practitioners, pharmacists, and midwives. This change is part of a new interpretation of the Canada Health Act, which will take effect on April 1, 2026. Federal Health Minister Mark Holland announced that regulated health-care professionals who aren't doctors will be able to bill the government for medically necessary services that would otherwise be provided by a physician.

The move aims to address the shortage of primary care providers and ensure that patients are not paying out of pocket for necessary care. Holland emphasized that charging patients for these services isn't consistent with universal health care and that nurse practitioners should be able to bill the health-care system the same way doctors do.

This policy change is expected to relieve pressure on primary care physicians and improve access to needed care. The changes will be enforced through federal health transfer payments, which could be deducted if patients are charged for medically necessary care.




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