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5 Things to Know Today – June 12, 2026

F rom the Bank of Canada's fifth straight hold to Trump throwing a wrench into CUSMA talks — here's what every Canadian needs on their radar today. Thing #1 Bank of Canada Holds at 2.25% — But Two-Way Risk Is Now on the Table The Bank of Canada kept its overnight rate at 2.25% on June 10 — the fifth consecutive hold — as Governor Tiff Macklem tried to balance two competing threats: sticky energy-driven inflation from Middle East conflict and an economy that's clearly struggling to grow. What made this hold different is Macklem's explicit warning that the next move could go either way — a cut if U.S. tariffs weigh harder on growth, or a hike if oil-price inflation becomes entrenched. The prime rate at major lenders stays at 4.45%. The next decision is July 15, 2026. Bottom line: If you have a variable-rate mortgage or a line of credit, don't expect relief soon — and don't rule out a hike either. Now is a good time to stress-test your budget against both scenari...

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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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