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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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Diplomatic Push in Beirut Amid Rising Tensions Between Israel and Hezbollah


A high-stakes diplomatic effort unfolded in Beirut on Monday as U.S. envoy Thomas Barrack met with Lebanese officials to discuss a proposal aimed at disarming Hezbollah. The visit came just hours after Israel intensified its military campaign with fresh airstrikes and a cross-border ground assault targeting the Iran-backed group.

The U.S. plan, first presented in June, proposes that Hezbollah fully disarm within four months in exchange for the withdrawal of Israeli forces from southern Lebanon and a halt to Israeli air raids. Lebanese leaders have formed a committee to draft a formal response, while Hezbollah is expected to submit its feedback through Parliament Speaker Nabih Berri.

Hezbollah, still reeling from last year’s devastating war with Israel, has reportedly rejected any further disarmament unless Israeli troops fully withdraw and cease targeting its members. The group has already handed over several weapons depots to the Lebanese army under a U.S.-brokered truce, but insists that continued Israeli occupation violates the agreement.

Barrack expressed optimism after receiving Lebanon’s official response, calling it “spectacular” and signaling Washington’s readiness to support Lebanon’s political and economic recovery.

The outcome of these talks could reshape the fragile balance in the region, where the line between diplomacy and escalation remains razor-thin.

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