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5 Things to Know Today — June 11, 2026

  The Bank of Canada confirmed its fifth straight rate hold yesterday, oil slipped back toward $89 a barrel after fresh U.S. strikes on Iran, and Canada Post workers officially have a new contract. Here is what every Canadian needs to know heading into Wednesday. 1 of 5 — Interest Rates Bank of Canada holds at 2.25% — for the fifth time in a row The Bank of Canada kept its benchmark interest rate unchanged at 2.25% on June 10, marking five consecutive holds since late 2025. Governor Tiff Macklem said the central bank is trying to balance two opposing forces: inflation pushed higher by elevated energy costs from the Middle East war, and an economy that has barely grown in recent quarters. "Economic weakness combined with rising inflation is a dilemma for monetary policy," Macklem told reporters, adding that holding the rate "balances those risks" for now. What it means for you: Variable-rate mortgage holders and borrowers with lines of credit get another month of pa...
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Alberta Health Services Board Dismissed Amid Investigation Controversy


In a dramatic turn of events, the Alberta Health Services (AHS) Board was dismissed on the same day a critical investigation report was due. The report, which was set to delve into allegations of political interference and questionable procurement practices, has sparked widespread speculation about the timing of the board's removal.

Former AHS CEO Athana Mentzelopoulos had initiated the investigation, raising concerns about conflicts of interest in surgical contracts and medical supply procurement. Her dismissal earlier this year, followed by the board's removal, has led to accusations of attempts to suppress findings that could implicate high-level officials.

The Auditor General of Alberta is now probing the matter, while the controversy continues to unfold, leaving many questioning the transparency and accountability within Alberta's healthcare system.

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