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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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Deadly Vendetta Shooting Rocks Crete Village, Leaving Two Dead and Ten Injured

A police official said the attack followed an explosion on Friday night at a construction site where a bomb was placed.

A violent shooting in the mountain village of Vorizia, Crete, has left two people dead and at least ten others injured in what police believe is the latest escalation of a long-running family vendetta. The attack occurred late Saturday morning when gunmen armed with AK-47s and shotguns opened fire on homes and vehicles in the narrow streets of the village.

The victims have been identified as a 39-year-old man and a 56-year-old woman, both killed during the hail of bullets. Emergency services confirmed that ten others sustained injuries, with several rushed to hospitals in Heraklion. Two of the wounded are currently under police guard as investigators probe their possible involvement in the clash.

Authorities say the bloodshed followed an explosive attack the previous night on a nearby construction site, believed to be linked to the same feud. Witnesses described the village turning into a “war zone,” with hundreds of rounds fired in minutes. Residents reported chaos as ambulances and even farm vehicles were used to transport the wounded.

Police reinforcements, including special units, have been deployed to the area, but no arrests have yet been made. The attackers are thought to have fled into a nearby ravine. Officials warn that the incident highlights the persistent issue of illegal firearms and entrenched vendettas on the island, where family feuds have historically erupted into violence.

The Greek government has condemned the attack, while local leaders are calling for urgent measures to curb the cycle of revenge killings that continue to scar Crete’s rural communities.


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