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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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US Labour Unions Challenge Social Media Surveillance of Visa Holders in Court

 



Several major labour unions in the United States have filed a lawsuit against the federal government, alleging that its surveillance of visa holders’ social media activity violates constitutional rights. The case, brought by groups including the United Auto Workers, Communications Workers of America, and the American Federation of Teachers, was filed in a federal court in New York.

The unions argue that the government’s program—run by agencies such as the State Department, Department of Homeland Security, and Immigration and Customs Enforcement—unlawfully monitors online speech, particularly political opinions critical of U.S. foreign policy and Israel. According to the complaint, this practice has led to visa revocations and created a chilling effect on free expression among immigrants legally residing in the country.

The lawsuit seeks to block the government from continuing the program and demands that records collected through the surveillance be purged. It represents one of the most significant legal challenges yet to the administration’s broader immigration enforcement measures, which have already sparked widespread debate over civil liberties and government overreach.


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