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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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Netanyahu’s Pardon Request Sparks Political Firestorm in Israel

                                            Israeli Prime Minister Benjamin Netanyahu

Israeli Prime Minister Benjamin Netanyahu has formally requested a presidential pardon in his years-long corruption trial, a move that has ignited fierce debate across the country. Netanyahu, Israel’s longest-serving leader, is facing charges of bribery, fraud, and breach of trust in three separate cases. He has consistently denied wrongdoing, insisting that the proceedings are politically motivated.

In a video statement released by his Likud party, Netanyahu explained that his lawyers had submitted the request to President Isaac Herzog, arguing that the trial was hindering his ability to govern and deepening divisions within Israeli society. “My personal interest was and remains to continue the process until the end, until I am fully acquitted of all charges,” he said. “But the security and political realities, the national interest, require otherwise”.

President Herzog’s office confirmed receipt of the request, describing it as an “extraordinary appeal” with significant implications. The letter from Netanyahu’s lawyers has been forwarded to the Ministry of Justice for review, after which Herzog will make a decision.

The pardon request comes just weeks after U.S. President Donald Trump publicly urged Herzog to grant clemency, saying Netanyahu should be spared further legal battles. Supporters argue that ending the trial would allow Israel to focus on pressing national and regional challenges. Critics, however, warn that granting a pardon would undermine Israel’s democratic institutions and set a dangerous precedent by placing the prime minister above the rule of law.

The trial, which has dragged on for years, has already polarized Israeli politics and fueled mass protests. Netanyahu’s move is seen by many as a gamble to preserve his political legacy while avoiding a potentially damaging verdict. Whether Herzog grants the pardon or not, the decision will likely shape Israel’s political landscape for years to come.

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