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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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Syria's Interim Leader Calls for Unity Amid Escalating Violence

 

In a heartfelt appeal for peace, Syria's interim leader, Ahmed Sharaa, addressed the nation following the deadliest outbreak of violence in over a decade. Speaking from a mosque in his childhood neighborhood of Mazzah, Damascus, Sharaa emphasized the importance of national unity and domestic peace. "We must preserve our unity and live together," he urged, acknowledging the challenges facing the country.

The recent clashes, which erupted in the coastal regions of Latakia and Tartous, have claimed over 1,000 lives, including civilians, security personnel, and fighters loyal to the ousted regime of Bashar al-Assad. The violence marks a grim chapter in Syria's ongoing struggle for stability after the fall of Assad's government in December.

The Syrian Observatory for Human Rights reported that the violence has spiraled into revenge killings and summary executions, with armed militias targeting Alawite communities accused of supporting the former regime. The interim government faces mounting pressure to address these sectarian tensions and restore order.

Sharaa's call for peace comes as a reminder of the resilience and unity needed to rebuild a nation torn apart by years of conflict. "Syria has the characteristics for survival," he reassured, urging citizens to rise above sectarian divides and work towards a peaceful future.


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