Skip to main content

Featured

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 ...
Post a Comment
Read more

article

Labels

Canada’s Alert Ready System Set for Annual Test Today



Canada’s emergency public alerting system, Alert Ready, is undergoing its annual test today across most provinces and territories. The test will be broadcast on TV, radio, and compatible wireless devices, ensuring that the system functions properly and raises public awareness.

Each province and territory has a designated test time, ranging from morning to afternoon, except Quebec, which is not participating in this round of testing. The test will simulate an emergency alert, complete with the distinctive alert tone, but requires no action from the public.

The Canadian Radio-Television and Telecommunications Commission (CRTC) mandates at least one test per year, typically conducted during Emergency Preparedness Week, which runs from May 4–10 this year. The goal is to ensure Canadians are familiar with the system and prepared for real emergencies, such as tornadoes, floods, fires, and AMBER alerts.

While most Canadians will receive the test alert, some may not due to device compatibility, network connection, or cell tower coverage. Given the importance of emergency warnings, Canadians cannot opt out of receiving these alerts.

This annual test serves as a crucial reminder of the importance of emergency preparedness. Canadians are encouraged to review their emergency plans and kits to ensure they are ready for unexpected situations.


Labels:

Comments

Post a Comment