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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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Blossoms in Bloom: Transforming a Quiet Park into a Springtime Haven

Each spring, the Lower Mainland witnesses a magical transformation as cherry blossoms burst into bloom, drawing crowds to parks that are otherwise quiet and unassuming. One such park, typically known for its barren landscape, becomes a vibrant hub of activity as visitors flock to admire the delicate pink and white blossoms.

The cherry blossoms, with their fleeting beauty, symbolize renewal and the ephemeral nature of life. Families, photographers, and nature enthusiasts gather under the blooming trees, capturing moments of joy and serenity. The park, once overlooked, becomes a cherished destination, reminding everyone of the simple pleasures that nature offers.

This annual spectacle not only highlights the beauty of cherry blossoms but also fosters a sense of community as people come together to celebrate the arrival of spring. It's a reminder that even the most unassuming places can hold extraordinary charm when nature takes center stage.

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