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Bank of Canada Rate Decision: What to Expect on June 10

  On Wednesday, June 10, 2026 , the Bank of Canada will announce its next interest rate decision — and every Canadian with a mortgage, a savings account, or a variable-rate line of credit has good reason to pay attention. While a hold at the current 2.25% overnight rate is almost universally expected, the real story this month isn't the number itself. It's the language surrounding it. Canada's economy has slipped into what many are calling a technical recession, inflation is being pushed higher by a global energy shock, and economists are divided on where rates go from here. Here's everything you need to know before Wednesday's announcement. BoC Overnight Rate 2.25% Held since early 2026 Bank Prime Rate 4.45% Most major lenders April CPI Inflation 2.8% Up from 2.4% in March Hike Probability (Jun 10) ~4% Per bond markets Q1 2026 GDP Growth −0.1% Annualized; near-recession Where Things Stand: A Tricky Balancing Act The Bank of Canada has held its overnight rate at 2....
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Media Revelation Spurs Probe: Premier Smith Addresses Health Contract Allegations

 

Alberta Premier Danielle Smith stated during a recent press briefing that she first learned of the allegations concerning irregularities in health service contracts through media reports  The claims allege that political interference influenced the approval process for private healthcare contracts at Alberta Health Services (AHS), as detailed in a letter from the former AHS CEO .

During the briefing, Premier Smith maintained her confidence in the health minister and denied any involvement in the alleged wrongdoing. She announced that her office has promptly coordinated with the province’s auditor general to secure all relevant documents and ensure a swift, transparent investigation.

Opposition leaders have demanded a comprehensive judicial inquiry into the contracting practices, calling for greater transparency and accountability. As the probe unfolds, Premier Smith remains committed to resolving any issues that may arise and to improving Alberta’s health services.



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