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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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NBA Stars and Mobsters Accused in High-Tech Poker Scam

An NBA player and coach are among dozens of people arrested as part of a sweeping FBI investigation into illegal sports betting and allegedly rigged, mafia-linked poker games

Federal prosecutors have unveiled explosive indictments alleging that organized crime figures and NBA personalities conspired to rig high-stakes poker games, cheating wealthy players out of millions.

According to court documents, the scheme relied on cutting-edge technology such as X-ray poker tables, hidden cameras, and contact lenses capable of reading marked cards. These tools gave insiders an unbeatable edge, ensuring that unsuspecting “high rollers” had virtually no chance of winning.

The indictment names several prominent figures, including Portland Trail Blazers head coach and NBA Hall of Famer Chauncey Billups, as well as former NBA player Damon Jones. Prosecutors allege that the presence of basketball stars was used as bait to lure victims into the games, which were secretly controlled by members of La Cosa Nostra crime families.

Authorities estimate that the operation siphoned off at least $7 million, with some individuals losing more than $1.8 million in a single night. FBI Director Kash Patel described the case as “reminiscent of a Hollywood movie,” but emphasized that the consequences for those involved are very real.

The investigation has already led to more than 30 arrests nationwide, marking one of the most significant crackdowns on illegal gambling in recent years.


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