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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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Trump Threatens Military Action Against Hamas Amid Gaza Violence

President Donald Trump poses for a photo with Israel's Prime Minister Benjamin Netanyahu before he boards Air Force One at Ben Gurion International Airport, Monday, Oct. 13, 2025, near Tel Aviv, as Israel's President Isaac Herzog watches at left. 

President Donald Trump issued a stark warning to Hamas on Thursday, declaring that the United States would “have no choice but to go in and kill them” if internal bloodshed in Gaza continues.

The statement, posted on his Truth Social account, comes just days after a ceasefire and hostage deal between Israel and Hamas went into effect. Despite the agreement, reports indicate that Hamas has carried out violent crackdowns against rival factions, leaving dozens dead in recent days.

Trump, who earlier downplayed the violence as Hamas targeting “a couple of gangs that were very bad,” signaled that his patience had run out. “They will disarm, and if they don’t do so, we will disarm them, and it’ll happen quickly and perhaps violently,” he said.

The White House has not clarified what specific actions might follow the warning, but the remarks mark a sharp escalation in rhetoric as Washington monitors the fragile situation in Gaza.


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