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Lock In or Stay Variable? What Every Canadian Homeowner Must Decide Before April 29

   Bank of Canada headquarters, Ottawa. Overnight rate held at 2.25% since October 2025. Next decision: April 29, 2026.  The Bank of Canada has held its rate at 2.25% for three straight decisions — but with inflation creeping back up, a Middle East conflict pushing oil prices, and over one million mortgage renewals on the horizon, the stakes of getting this wrong have never been higher. The Canadian Money Brief April 25, 2026 6 min read THE CANADIAN MONEY BRIEF BANK OF CANADA 2.25% 2.25% POLICY RATE HELD SINCE OCT. 2025 · THIRD CONSECUTIVE HOLD NEXT DECISION: APR. 29, 2026 If your mortgage is coming up for renewal in the next six to eighteen months, the question keeping you up at night is probably this: do I lock in a fixed rate now — or do I ride out a variable rate and hope the Bank of Canada does something helpful? It's the right question to be asking. And right now, the answer is more complicated — and more consequential — than it has been in years. The Bank of Canada...
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Global IT Meltdown: Faulty CrowdStrike Update Causes Widespread Chaos

 

In an unprecedented turn of events, a faulty update from cybersecurity giant CrowdStrike has triggered a global IT meltdown, causing millions of Windows computers to crash with the infamous “Blue Screen of Death” (BSOD). The update, intended to enhance the security of CrowdStrike’s flagship product, Falcon Sensor, instead resulted in a critical failure that left businesses, airports, banks, and healthcare systems in disarray.

The issue began late Thursday and quickly spread as regions around the world started their day. The BSOD, a bright blue error screen indicating a critical system failure, appeared on millions of devices, rendering them unusable. CrowdStrike confirmed that the problem was due to a “logic error” in the update, which caused the operating system to crash.

The impact was immediate and widespread. Airports experienced significant delays, supermarket checkouts malfunctioned, and businesses struggled to maintain operations. CrowdStrike CEO George Kurtz issued an apology and assured that a fix had been deployed, but recovery is expected to take time due to the complexity of the issue.

Microsoft, whose Azure cloud services were also affected, is working closely with CrowdStrike to provide technical guidance and support to affected customers. As systems slowly come back online, the incident serves as a stark reminder of the vulnerabilities inherent in our increasingly digital world.


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