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5 Things to Know Today — June 11, 2026

  The Bank of Canada confirmed its fifth straight rate hold yesterday, oil slipped back toward $89 a barrel after fresh U.S. strikes on Iran, and Canada Post workers officially have a new contract. Here is what every Canadian needs to know heading into Wednesday. 1 of 5 — Interest Rates Bank of Canada holds at 2.25% — for the fifth time in a row The Bank of Canada kept its benchmark interest rate unchanged at 2.25% on June 10, marking five consecutive holds since late 2025. Governor Tiff Macklem said the central bank is trying to balance two opposing forces: inflation pushed higher by elevated energy costs from the Middle East war, and an economy that has barely grown in recent quarters. "Economic weakness combined with rising inflation is a dilemma for monetary policy," Macklem told reporters, adding that holding the rate "balances those risks" for now. What it means for you: Variable-rate mortgage holders and borrowers with lines of credit get another month of pa...
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Canada’s Solar Eclipse: A Celestial Spectacle

On April 8, 2024, a remarkable and rare celestial event will unfold over Canada, the United States, and Mexico—a total solar eclipse. As the Moon aligns perfectly between Earth and the Sun, temporary darkness will sweep across parts of our country, captivating countless spectators.

In Canada, the solar eclipse’s path of totality will pass through several cities and towns in Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland. During those precious minutes, lucky observers within this path will experience complete darkness as the Moon completely obscures the Sun. For those outside the path of totality, a partial solar eclipse will still be visible, with the Sun partially hidden.

Remember that looking directly at the Sun during an eclipse can lead to serious eye damage. Always use appropriate eye protection when witnessing this awe-inspiring event. The last total solar eclipse visible in Quebec was over 50 years ago (in 1972), and the next one won’t occur until 2106. So mark your calendars and prepare to witness this once-in-a-generation phenomenon!


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