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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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Migrant Boat Sinks Off Samos, Leaving One Dead and Three Missing

A Greek national flag and a EU flag flutter inside a newly inaugurated closed-type migrant camp on the island of Samos.

A woman has died and three people are missing after a migrant boat sank early Monday off the Greek island of Samos.

According to officials, a group of 26 migrants managed to reach the island’s Petalides area and alerted authorities that others were still at sea. A large search‑and‑rescue operation was launched, involving coast guard vessels, a helicopter, a private boat, and land teams.

Rescuers recovered the body of a woman during the operation, while efforts continue to locate the remaining missing individuals. Authorities have not yet released details about the migrants’ nationalities or the circumstances that led to the sinking.

Samos, located near the Turkish coast, remains a frequent landing point for migrants attempting the dangerous crossing. Despite increased patrols and stricter border controls, fatal incidents continue to occur in the region.

Search efforts are expected to continue as conditions allow.


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