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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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Taylor Swift Fans Splurge for Unforgettable Eras Tour in Toronto

 


Taylor Swift’s Eras Tour has captivated fans worldwide, and her recent stop in Toronto was no exception. Fans from near and far were willing to spend significant amounts of money to experience the magic of her live performance.

American sisters Lina and My Jae traveled from Upstate New York, spending around $3,000 each on tickets, outfits, and entry to Taylgate, an unofficial Swift-themed party. “You know what, money comes back but Taylor Swift Eras Tour doesn’t,” said My Jae, showcasing her hand-bedazzled bodysuit and tinsel-trimmed sweater.

The economic impact of Swift’s tour on Toronto is substantial. Destination Toronto estimates $152 million in direct spending, excluding concert tickets and airfare. This spending is expected to grow to $282 million as the money circulates through the local economy.

Even without guaranteed entry, fans like German tourist Jasmin Salve were willing to spend over $1,000 in hopes of securing a ticket. Despite the high costs, fans believe the memories made at the concert are worth every penny.

Swift’s Eras Tour continues to be a cultural phenomenon, drawing fans from all over the world and leaving a lasting economic impact on the cities she visits.


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