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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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Tragic Consequences of Conflict: Israeli Strikes in Gaza and Lebanon

 

In a devastating series of events, Israeli airstrikes have resulted in significant loss of life and destruction in both Gaza and Lebanon. On Saturday night, an Israeli strike on the central Gaza Strip tragically killed a family of eight. The victims, who were residing in the Nuseirat refugee camp, included parents and their six children, aged between 8 and 23. The strike also left seven others wounded, with some in critical condition.

Simultaneously, in southern Lebanon, Israeli airstrikes destroyed a century-old market in the city of Nabatiyeh. The Ottoman-era market, which had stood since 1910, was reduced to rubble, resulting in the death of at least one person and injuries to four others. The destruction of this historic site marks a significant cultural loss for the region.

These incidents highlight the ongoing and severe impact of the conflict on civilian populations and infrastructure in the affected areas. The international community continues to call for de-escalation and a peaceful resolution to the hostilities.


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