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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...
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Frugal Travel: Making the Most of Your Vacation on a Budget


frugal vacation


Having a fantastic vacation on a frugal budget is entirely achievable with careful planning and resourcefulness. First, opt for off-season travel to secure lower-priced accommodations and discounted attractions. Consider staying in budget-friendly lodging options like hostels, guesthouses, or vacation rentals with kitchen facilities to save on dining expenses.


Research and take advantage of free or low-cost activities such as hiking, exploring local parks, and attending community events. Utilize public transportation instead of expensive taxis or rental cars whenever possible. Plan and prepare meals from local markets and grocery stores, embracing the chance to savor regional cuisine affordably. Finally, prioritize experiences over materialistic indulgences, immersing yourself in the culture and heritage of the destination, ensuring a memorable and enriching vacation without breaking the bank.












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