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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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Kremlin Silent on US Peace Plan Proposals for Ukraine

Despite the ongoing peace talks, the bombing of Ukraine has continued with increased intensity

Russian President Vladimir Putin has been briefed on proposals from the United States aimed at advancing a peace plan for Ukraine. According to Kremlin spokesperson Dmitry Peskov, Moscow has received the proposals but will not disclose its reaction at this stage.

The refusal to comment underscores Russia’s cautious approach to diplomatic initiatives surrounding the ongoing conflict. While Washington has sought to explore avenues for negotiations, the Kremlin’s silence suggests it is weighing the implications before making any public stance.

Analysts note that the lack of response may reflect Moscow’s desire to maintain strategic ambiguity, leaving open the possibility of future talks while avoiding commitments that could limit its options.


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