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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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Eurovision Faces Turmoil as Nations Withdraw Over Israel’s Participation

 


The Eurovision Song Contest has been thrown into controversy after organizers confirmed that Israel will remain in the competition despite mounting calls for its exclusion. The decision, announced late Thursday, prompted immediate backlash from several countries, with Spain, Ireland, and others declaring they will withdraw in protest.

Critics argue that Israel’s inclusion undermines the contest’s spirit of unity and cultural exchange, while supporters insist that Eurovision should remain apolitical and open to all member nations. The withdrawals mark one of the most significant collective protests in the contest’s recent history, raising questions about how the event can balance artistic celebration with political sensitivities.

With tensions running high, the upcoming edition of Eurovision is set to be one of the most divisive in decades, as the absence of key countries reshapes the competition’s landscape and sparks debate across Europe.

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