From the Bank of Canada's steady hand to a surge in housing starts and Ottawa's new financial crime-fighting agency — here are the five money stories every Canadian should have on their radar this morning. 1 Bank of Canada Rate Holds at 2.25% — Next Decision June 10 The Bank of Canada kept its overnight rate at 2.25% on April 29 and has signalled it intends to stay put for now. Governing Council is keeping a close eye on Middle East conflict spillover into energy prices, ongoing U.S. tariff uncertainty, and whether inflation — currently hovering just above the 2% target — becomes entrenched. Bond markets are currently pricing in roughly an 18% chance of a 25-basis-point cut by the July 15 announcement, making a move at the June 10 meeting unlikely. 💡 What it means for you: Variable-rate mortgage and HELOC holders can exhale — no surprise hikes on the horizon. But don't expect big rate relief either; the "lower-for-longer" window appears to be closing. 2 Mortgage...
Getting Children Ready for School - Tips for Working Parents
Here are some tips on how working parents can handle getting children ready for school:
1. Plan ahead: Prepare a schedule for the week ahead, including meal plans, homework schedules, and clothes for the next day. This will help you stay organized and avoid last-minute stress.
2. Involve your children: Encourage your children to take responsibility for their own tasks, such as packing their own lunches and laying out their clothes for the next day. This will help them develop independence and make them feel more involved in the process.
3. Prepare meals in advance: Consider preparing meals in advance, such as on weekends or evenings when you have more time. This will save you time during the week and ensure that your children have healthy meals to eat.
4. Create a homework routine: Establish a homework routine that works for your family, such as setting aside a specific time each day for homework. This will help your children develop good study habits and ensure that they complete their homework on time.
5. Ask for help: Don’t be afraid to ask for help from family members or friends if you need it. You can also consider hiring a babysitter or nanny to help with childcare and household tasks.
Remember, it’s important to take care of yourself as well as your children. Make sure to take breaks when you need them and prioritize self-care activities such as exercise, meditation, or reading a book.
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