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Bank of Canada Rate Decision Tomorrow: What Every Canadian Needs to Know Before June 10

Current Rate 2.25% Held since Oct 2025 Expected Decision HOLD 34/34 economists Announcement 9:45 AM Wed, June 10 (ET) Prime Rate 4.45% Most major lenders On Wednesday morning, June 10, the Bank of Canada will announce its interest rate decision at 9:45 AM ET — and for Canadians with a mortgage, a variable-rate loan, or a renewal coming up, the decision is just two days away. Governor Tiff Macklem will follow with a press conference at 10:30 AM. The short answer: expect no change. But the full picture is considerably more complicated — and the Bank's tone tomorrow could signal whether rate hikes are quietly creeping back onto the table. The Consensus: A Hold, Full Stop The economist community is remarkably united heading into this decision. In a Reuters poll conducted June 2–5, all 34 economists surveyed predicted the Bank would leave its overnight rate at 2.25%. More than 80% said it would stay there for the rest of 2026. "Under normal circumstances, today's sagging econom...
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Chemical Escalation: European Intelligence Confirms Russia's Use of Banned Agents in Ukraine

European intelligence agencies have revealed alarming evidence that Russia is systematically deploying chemical weapons in its war against Ukraine. According to a joint report released on July 4 by the Netherlands Military Intelligence and Security Service (MIVD), the Dutch General Intelligence and Security Service (AIVD), and Germany’s BND, Russian forces have intensified the use of banned chemical agents, including the choking agent chloropicrin.

Chloropicrin, a substance outlawed under the Chemical Weapons Convention, is reportedly being dropped from drones into Ukrainian trenches to flush out soldiers, making them vulnerable to follow-up attacks. Dutch Defense Minister Ruben Brekelmans described the situation as “absolutely unacceptable,” warning that Russia’s normalization of chemical warfare poses a threat not only to Ukraine but to global security.

Since the full-scale invasion began in 2022, Ukraine has documented over 9,000 instances of chemical attacks, with at least three confirmed fatalities and thousands more reporting symptoms linked to toxic exposure. Intelligence officials say this is not a case of rogue battlefield improvisation but part of a large-scale, state-backed program involving increased research and recruitment of scientists for chemical weapons development.

The revelations have prompted renewed calls for tougher international sanctions and for Russia’s exclusion from global bodies like the Organisation for the Prohibition of Chemical Weapons (OPCW). While Russia denies the allegations and accuses Ukraine of similar actions, Western intelligence agencies maintain that the evidence is both credible and deeply concerning.

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