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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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TikTok Restores Service in the U.S. Amidst Legal Uncertainty

 


TikTok has begun restoring its services in the United States after a brief shutdown, following assurances from President-elect Donald Trump. The popular video-sharing app was temporarily inaccessible to U.S. users over the weekend due to a court-ordered ban. However, Trump's recent executive order has provided temporary relief, allowing TikTok to come back online.

While the app is now accessible to U.S. users, it remains unavailable for download from Apple's and Google's app stores. The U.S. Supreme Court had upheld a federal law requiring TikTok's Chinese parent company, ByteDance, to sell the app to a non-Chinese buyer by Sunday. Trump's order extends the deadline, giving ByteDance more time to find an approved buyer.

Canadian TikTok users, unaffected by the U.S. ban, continue to enjoy uninterrupted access to the app. TikTok has also filed a legal challenge against Canada's dissolution order, which stopped short of banning the app but ordered the dissolution of its Canadian business.

The future of TikTok in the U.S. remains uncertain as discussions continue over national security concerns and potential ownership changes. Trump has expressed interest in a joint venture where a U.S.-based company would control a significant share of TikTok.



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