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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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Haitian Migrants Intercepted Near Quebec Border on Christmas Night

 


Nineteen Haitian migrants were intercepted by the RCMP on Christmas after crossing irregularly into Quebec from the United States during frigid weather conditions.

Police say the group, which included adults, a toddler, and a three‑year‑old child, entered Canada near Havelock in the Montérégie region, a few kilometres north of the New York border. U.S. authorities alerted Canadian officers early in the evening, prompting a coordinated search along the wooded border area.

Fifteen people were located hiding in the forest, while officers continued searching until late evening to find the remaining migrants. Eight individuals were taken to hospital, with several treated for frostbite. The two young children were also examined as a precaution.

The RCMP says the investigation is ongoing as officials determine next steps in processing the asylum seekers.


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