Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

European Delights on an Economical Budget: Unforgettable Highlights for Thrifty Travelers

 A vacation in Europe offers a plethora of enchanting highlights that can be enjoyed even on an economical budget. Start by exploring the historic charm of Prague, Czech Republic, with its stunning architecture and vibrant atmosphere. Then, head to Budapest, Hungary, where you can soak in the thermal baths and admire the grandeur of the Danube River. Next, make your way to Krakow, Poland, to revel in its rich history and visit the awe-inspiring Wieliczka Salt Mine. For a coastal retreat, consider the sunny beaches of Portugal's Algarve region, where affordable accommodations and fresh seafood abound. Finally, wrap up your journey by traversing the charming streets of Sofia, Bulgaria, known for its friendly locals and budget-friendly cuisine. With careful planning and a sense of adventure, you can experience the best of Europe without breaking the bank.






Labels:

Comments

Post a Comment