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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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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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