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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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Master Your Finances: Stop These Money Mistakes for Good


Master Your Finances: Stop These Money Mistakes for Good



 If you're aiming for financial stability and success, it's crucial to address and rectify common money mistakes that can hinder your progress. 


1. One major mistake to stop making now is neglecting to budget effectively. Without a clear budget, you risk overspending, accumulating debt, and failing to save for important goals. 

2. Another mistake is avoiding or delaying investing. Not investing can mean missing out on potential growth and compounding over time. Additionally, carrying high-interest debt, such as credit card balances, without a plan to pay it off quickly can drain your finances. 

3. Lastly, ignoring your credit score can be detrimental when seeking loans or favorable interest rates. By addressing these mistakes and adopting better financial habits, you can pave the way for a more secure and prosperous future.


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