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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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How Enbridge, Open Text and other stocks moved on Wednesday


The stock market saw some notable movements on Wednesday, as several companies reported their earnings or made strategic announcements. Here are some of the highlights:

  • Enbridge (ENB-T) rose 1.2 per cent after it forecast higher core earnings and raised its dividend for 2024. The pipeline operator expects higher demand and volumes across its network, as well as lower costs and capital spending. The company also said it had secured funding for over 75 per cent of its US$9.4-billion bid to buy three utilities from Dominion Energy.
  • Open Text (OTEX-T) increased 1 per cent after it sold off a mainframe-computer business it acquired earlier this year from Micro Focus for US$2.275-billion. The company said it would use the proceeds to improve its financial position and focus on its cloud and artificial intelligence businesses. Analysts said the divestiture would enhance Open Text’s valuation and profitability.
  • Alimentation Couche-Tard (ATD-T) slid 3.2 per cent despite reporting stronger-than-expected second-quarter results The convenience store and gas station operator saw solid fuel margins and cost control, but also faced softening in U.S. same-store sales due to lower cigarette sales and consumer spending. The company tightened its full-year profit outlook.
  • First Quantum Minerals (FM-T) sustained further declines after Panama’s president said its copper mine Cobre Panama would be shut down, following a Supreme Court ruling that declared its contract unconstitutional The company said it had suspended commercial production at the mine and was putting it into care and maintenance. The ruling puts the company on the long and unpredictable road of international arbitration.
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