Skip to main content

Featured

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 ...
Post a Comment
Read more

article

Labels

U.S. Considers 15‑Year Security Pact for Ukraine in Emerging Peace Proposal

                                                 Donald Trump shakes hands with Volodymyr Zelensky.

The United States has offered Ukraine a 15‑year security guarantee as part of a broader peace framework aimed at ending the war with Russia, according to Ukrainian President Volodymyr Zelensky.

Zelensky described the proposal as a meaningful step but emphasized that Ukraine is seeking a longer-term commitment, ideally spanning 30 to 50 years, to ensure lasting protection against future Russian aggression.

The discussions took place during Zelensky’s meeting with U.S. President Donald Trump at Mar‑a‑Lago, where both sides reviewed potential terms for a negotiated settlement. While Washington has expressed optimism that the two countries are closer to an agreement, several major issues remain unresolved — including the status of Russian forces and the future of the Zaporizhzhia nuclear power plant.

Zelensky reiterated that credible, long-duration security guarantees are essential for any sustainable peace. He warned that without them, the conflict risks reigniting even if a temporary deal is reached.

Negotiations are ongoing, and both sides acknowledge that the path to a final agreement remains complex.

Labels:

Comments

Post a Comment