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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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Two Years After Oct. 7: Israel Remembers Amid Ongoing Gaza War

 

                               Memorial events were scheduled in Israel to mark two years since Hamas's attack .


Israelis gathered on Tuesday to mark the second anniversary of the October 7, 2023 Hamas-led assault, the deadliest attack in the country’s history. The coordinated strikes killed around 1,200 people, most of them civilians, and saw more than 250 others taken hostage.

Memorial ceremonies were held across the country, many organized by bereaved families rather than the government, reflecting deep divisions over Prime Minister Benjamin Netanyahu’s handling of the war and the unresolved hostage crisis. Forty-eight hostages remain in Gaza, with only about 20 believed to be alive.

In Gaza, the conflict continues to exact a devastating toll. Israel’s military campaign, launched in response to the attack, has killed tens of thousands of Palestinians and displaced millions, according to Gaza’s health authorities. Entire neighborhoods have been reduced to rubble, and humanitarian conditions remain dire.

Meanwhile, indirect talks between Israel and Hamas resumed in Egypt this week, with international pressure mounting for a ceasefire and a deal to secure the release of hostages. Yet, with both sides entrenched in their positions, prospects for peace remain uncertain.

For many Israelis, the anniversary is not only a day of mourning but also a reminder of the war’s unresolved questions — from the fate of the captives to the future of Gaza and Israel’s place in an increasingly divided world.


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