Skip to main content

Featured

Bank of Canada Holds at 2.25% — Again: What It Means for Your Mortgage and Markets Today

  Wednesday, June 10, 2026  |  Canadian Money Brief It's official: the Bank of Canada held its overnight rate steady at 2.25% this morning — the fourth consecutive hold in 2026 , following identical decisions in January, March, and April. The move was widely anticipated, but the language in today's statement and Governor Tiff Macklem's 10:30 a.m. press conference are delivering the real signal: the BoC is watching the Middle East conflict carefully, is not yet alarmed by inflation, but is making clear that rate hikes remain on the table if energy prices push inflation higher. Here's the full picture — BoC reaction, Canadian markets, Wall Street, oil, and global moves. 🏦 Bank of Canada: Holds at 2.25% — But With a Warning The Bank of Canada's statement this morning was brief but pointed. The Governing Council noted that "economic activity in Canada has been weak and uncertainty about US trade policy persists," while also flagging that "the conflict ...
Post a Comment
Read more

article

Labels

Ontario's Measles Outbreak Worsens as Cases Surge


Ontario is grappling with a rapidly escalating measles outbreak, as health officials report nearly 200 new cases in the past week. The province's total count of probable and confirmed infections has now reached 1,440 since the outbreak began in October.

The highly contagious virus has spread to new regions across Canada, with Nova Scotia and Northwest Territories recently confirming their first cases. Alberta has also seen a sharp rise, reporting nearly 300 cases since mid-March, including three children in intensive care.

Ontario's southwestern region remains the hardest hit, with nearly 500 cases concentrated there. Health officials emphasize that the majority of infections are occurring among unvaccinated children, infants, and teenagers.

With hospitalizations climbing 101 patients admitted, including 75 children public health authorities are urging residents to ensure their vaccinations are up to date. The province continues to ramp up immunization efforts in an attempt to curb the outbreak's spread.



Labels:

Comments

Post a Comment