Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Runway Chaos at Toronto Pearson: Delta Flight 4819 Flips, 18 Injured

 

Delta Connection Flight 4819—a Bombardier CRJ900 operated by Endeavor Air—crashed during landing at Toronto Pearson International Airport on Monday amid challenging winter conditions. The jet touched down amid gusty winds and lingering snowfall before losing control and flipping onto its roof. All 80 passengers and crew survived the dramatic incident, although at least 18 people sustained injuries, including one critically injured child and two adults who required air ambulance transport to local hospitals. 

Emergency response teams swiftly evacuated everyone from the overturned aircraft, and airport operations were temporarily suspended while investigators from the Transportation Safety Board of Canada and the U.S. National Transportation Safety Board began probing the incident. 

Delta Air Lines expressed relief that no lives were lost and extended thanks to first responders on site. The airline’s incident response team has been deployed to assist those affected, as the investigation continues to determine whether the severe weather or other factors contributed to the loss of control during landing. 


Labels:

Comments

Post a Comment