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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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Alberta Health Minister Retains Position Amid Scandal

 

In a recent turn of events, Alberta Health Minister Adriana LaGrange will retain her position despite a scandal involving the Alberta Health Services (AHS). Premier Danielle Smith has expressed her full confidence in LaGrange, even as allegations of high-level corruption and political interference swirl around the health authority.

The controversy began when Athana Mentzelopoulos, the former CEO of AHS, filed a $1.7 million wrongful dismissal lawsuit. Mentzelopoulos alleges that she was fired for investigating questionable deals involving government officials, including LaGrange. The lawsuit claims that LaGrange attempted to halt the investigation and ultimately orchestrated Mentzelopoulos's dismissal when the AHS board refused to comply.

Despite calls from various political figures, including Alberta NDP leader Naheed Nenshi, for LaGrange to step down, Premier Smith has stood by her health minister. Smith has stated that she welcomes an investigation into the allegations and is committed to addressing any wrongdoing.

The scandal has also put two proposed private surgery clinics in Red Deer and Lethbridge in limbo, as questions remain about the contracts and the companies involved. The Alberta government and the auditor general are currently investigating the matter to determine the next steps.

As the investigation unfolds, the political landscape in Alberta remains tense, with many watching closely to see how the situation will develop and what impact it will have on the province's health services.


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