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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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Air Canada Strike Ends as Tentative Deal Reached with Flight Attendants

                          An Air Canada aircraft sit parked at Vancouver International Airport, in Richmond, B.C., on Monday. 


After days of travel chaos and grounded flights, Air Canada and the Canadian Union of Public Employees (CUPE) have reached a tentative agreement to end the strike involving more than 10,000 flight attendants.

The breakthrough came after intensive mediator-assisted talks that stretched late into the night. CUPE confirmed the deal will be presented to members for a ratification vote, while Air Canada announced it will gradually resume operations, with the first flights expected to depart Tuesday evening.

The strike, which began on August 16, had forced the cancellation of hundreds of flights and disrupted travel for hundreds of thousands of passengers. While the airline aims to restore full service within 7–10 days, some cancellations will continue until schedules stabilize.

Union leaders say the agreement addresses key concerns over wages and compensation for unpaid duties, bringing them closer to parity with recent gains made by U.S. flight attendants. Air Canada CEO Michael Rousseau urged patience as crews and aircraft are repositioned, assuring customers that “everyone at Air Canada is doing everything possible” to get them flying again.

Travellers with confirmed bookings on operating flights are advised to proceed to the airport, while others should await rebooking updates.



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