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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 ...
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Aurora Alert: Northern Lights to Dazzle Canadian Skies This Week


A spectacular display of the northern lights, also known as the aurora borealis, is expected to light up the night skies across Canada this week. The National Oceanic and Atmospheric Administration (NOAA) has issued a geomagnetic storm watch, predicting that the northern lights will be visible as far south as Oregon and the U.S. Midwest, putting Canada right in the path for a breathtaking light show.

The solar storm responsible for this phenomenon is expected to peak on Tuesday night, with strong G3 solar storms forecasted for Tuesday and moderate G2 storms on Wednesday and Thursday. This means that Canadians from coast to coast may have the opportunity to witness the night sky erupt in vibrant colors.

For the best viewing experience, it’s recommended to get away from city lights and look to the north. The ideal time to see the aurora is within an hour or two of midnight, or between 10 p.m. and 2 a.m. local time. Clear skies and minimal moonlight will enhance the visibility of this natural wonder.

So, if you’re in Canada this week, don’t forget to look up and enjoy the celestial spectacle!






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