News of the day: Bank of Canada holds rate, economists’ reactions, Scotiabank accelerates AI use, remote-work court decision, pandemic-era investments and more

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Bank of Canada governor Tiff Macklem.Bank of Canada governor Tiff Macklem. Photo by HYUNGCHEOL PARK/Postmedia

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It’s Wednesday, June 10. Here are the top stories we’re following today.

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The Bank of Canada held its key interest rate at 2.25 per cent for the fifth consecutive meeting on Wednesday, but the combination of economic weakness and rising inflation may pose a dilemma for the central bank going forward.

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Scotiabank logo Bank of Nova Scotia, along with Canada’s other big banks, is increasing its use of artificial intelligence. Photo by Peter J Thompson/National Post

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Bank of Nova Scotia says artificial intelligence is boosting its employees’ productivity and strengthening key programs, including its anti-money laundering detection system.

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Bank of Canada building photographed in Ottawa on Tuesday, May 19, 2026 Bank of Canada building in Ottawa. Photo by HYUNGCHEOL PARK/Postmedia

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The Bank of Canada came off as “dovish” as it held rates at 2.25 per cent for the fifth consecutive time while emphasizing a weak economy over inflation threats, say economists. Here’s what they think the latest decision means for rates.

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Remote work Employers have been trying to solve the same problem: how to get employees back into the office. Photo by Jacob Wackerhausen /Getty Images

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For five years, employers have been trying to solve the same problem: how to get employees back into the office. Many have discovered an unpleasant truth. The office they are trying to bring employees back to may no longer exist — at least not legally, writes Howard Levitt.

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Two N95 face masks on top of Canadian currency. A smart investment during the COVID-19 pandemic made Paul and Elizabeth a small fortune. Can they now turn that wealth into an early retirement? Photo by Tobias One/Getty Images

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In the depths of the pandemic, new parents Paul and Elizabeth decided to take a chance with their investments.

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