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5 Things to Know Today – June 9, 2026

  Here are the five stories shaping your money today — from tomorrow's pivotal Bank of Canada decision to a looming trade deadline that could affect every Canadian business. 1. 🏦 Bank of Canada Decides Tomorrow — Hold Expected, But It's Not Simple All eyes are on Ottawa as the Bank of Canada announces its overnight rate decision on Wednesday, June 10 at 9:45 a.m. ET. The benchmark rate currently sits at 2.25%, and a hold is the widely expected outcome. But experts say it's the most uncertain call in months. Canada's economy has slipped into a technical recession — Q1 2026 GDP contracted at an annualized rate of -0.1%, following a downward revision to Q4 2025 (-1.0%). Under normal conditions, that would point toward a rate cut. But with energy-driven inflation climbing to 2.8% in April and geopolitical pressures still unresolved, the Bank is stuck between a rock and a hard place. Governor Tiff Macklem holds a press conference at 10:30 a.m. ET. Markets will be listening ...
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Tragedy Strikes Mannheim: Car Rams Into Crowd, Leaving One Dead and Several Injured


In a shocking incident in Mannheim, Germany, a driver rammed a car into a crowd in the city's Paradeplatz area on Monday. The attack claimed the life of one individual and left several others injured. Authorities have described the situation as "life-threatening" and have urged residents to avoid the downtown area.

The suspect has been apprehended, but police have not yet disclosed whether there were additional perpetrators involved. Emergency services swiftly responded to the scene, and the Mannheim University Hospital activated its disaster and emergency plan to handle the influx of casualties. Trauma teams have been mobilized, and intensive care units have increased their capacity to accommodate the injured.

The motive behind the incident remains unclear, and investigations are ongoing. Residents have been advised to stay indoors as law enforcement continues its operations in the area.

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