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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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Diplomatic Tensions Rise: Lebanon Rebukes Iran's Envoy Over Hezbollah Disarmament Remarks


Lebanon's foreign ministry has summoned Iran's ambassador to Beirut, Mojtaba Amani, following controversial remarks regarding Hezbollah's disarmament. Amani referred to the disarmament efforts as a "conspiracy," sparking diplomatic friction between the two nations.

The comments come amidst growing pressure on Hezbollah to relinquish its arsenal, especially after the 2024 conflict with Israel left southern Lebanon devastated. President Joseph Aoun is set to initiate discussions on disarmament, a topic long considered taboo due to Hezbollah's significant influence in Lebanese politics.

Lebanon's foreign ministry emphasized the importance of adhering to diplomatic protocols and respecting the sovereignty of states. This incident marks a rare instance of Lebanon openly criticizing Iran, given Tehran's historical support for Hezbollah.

The situation underscores the delicate balance Lebanon must maintain as it navigates internal and external pressures surrounding Hezbollah's role in the region.

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