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Bank of Canada Rate Decision: What to Expect on June 10

  On Wednesday, June 10, 2026 , the Bank of Canada will announce its next interest rate decision — and every Canadian with a mortgage, a savings account, or a variable-rate line of credit has good reason to pay attention. While a hold at the current 2.25% overnight rate is almost universally expected, the real story this month isn't the number itself. It's the language surrounding it. Canada's economy has slipped into what many are calling a technical recession, inflation is being pushed higher by a global energy shock, and economists are divided on where rates go from here. Here's everything you need to know before Wednesday's announcement. BoC Overnight Rate 2.25% Held since early 2026 Bank Prime Rate 4.45% Most major lenders April CPI Inflation 2.8% Up from 2.4% in March Hike Probability (Jun 10) ~4% Per bond markets Q1 2026 GDP Growth −0.1% Annualized; near-recession Where Things Stand: A Tricky Balancing Act The Bank of Canada has held its overnight rate at 2....
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UN Resolution 1701: The Blueprint for Israel-Hezbollah Ceasefire


In 2006, following a month-long conflict between Israel and Lebanon's Hezbollah militant group, the United Nations Security Council unanimously adopted Resolution 1701. This resolution aimed to end hostilities and pave the way for lasting security along the Israel-Lebanon border.

Key Provisions of Resolution 1701:

Israeli Withdrawal: Israel was required to withdraw all its forces from southern Lebanon.

Hezbollah's Position: Hezbollah was to move north of the Litani River, with the area exclusively under the Lebanese military and U.N. peacekeepers.

UN Peacekeeping Forces: The resolution called for up to 15,000 U.N. peacekeepers to help maintain calm and secure the area.

Disarmament: It reaffirmed previous resolutions calling for the disarmament of all armed groups in Lebanon, including Hezbollah.

Despite relative calm for nearly two decades, the resolution's terms were never fully enforced. Recent U.S.-brokered ceasefire efforts have renewed commitment to Resolution 1701, aiming to implement it more strictly and ensure long-term stability.




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