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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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Starmer Banks on Royal Pageantry to Smooth Trump Visit Amid Political Strains

 

U.S. President Donald Trump meets with British Prime Minister Keir Starmer at Trump Turnberry golf course in Turnberry, Scotland, Britain, July 28, 2025.


Prime Minister Keir Starmer is counting on the grandeur of a royal welcome for U.S. President Donald Trump to help deflect attention from mounting political troubles at home. Trump’s historic second state visit to the UK — complete with a Windsor Castle carriage procession, state banquet, and military flypast — is expected to showcase the “special relationship” while promoting multi‑billion‑dollar investment deals and a new “Transatlantic Taskforce” on finance and trade.

For Starmer, the timing is strategic. He faces internal Labour unrest after the resignations of Deputy Prime Minister Angela Rayner and U.S. Ambassador Peter Mandelson, the latter over links to Jeffrey Epstein. Critics have questioned his judgment on welfare reform, tax policy, and free speech laws, while Nigel Farage’s Reform UK party surges in the polls.

By hosting Trump at Chequers after the royal festivities, Starmer hopes to secure tangible wins — from job‑creating U.S. investments to energy partnerships — that could bolster his standing. Yet the visit is also expected to draw protests, and sensitive topics like online speech laws and Trump’s own controversies may prove harder to keep off the agenda.


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