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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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Escalation in the West Bank: Israel’s Deadliest Raids Since Gaza Conflict

 

In a significant escalation, Israeli forces have launched their deadliest raids in the West Bank since the onset of the Gaza war. The Israeli military reported the killing of five militants, including a local commander, in the occupied territory. This operation, which took place in the city of Jenin, marks the most intense military action in the West Bank in recent years.

The raids have resulted in a total of 16 fatalities over the past two days, making it the deadliest Israeli operation in the West Bank since the conflict with Hamas began. The ongoing violence has raised concerns among international officials, who fear that the conflict could extend further from Gaza into the West Bank.

The United Nations has urged Israel to halt its operations to prevent further escalation and potential extension of the war. Despite these calls, the situation remains tense, with both sides bracing for further confrontations.


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