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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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Canada’s Population Surpasses 41 Million in Q1 2024

 

In a significant milestone, Canada’s population exceeded 41 million people during the first quarter of 2024, according to Statistics Canada. The agency reported a growth rate of 0.6%, resulting in a total population of 41,012,563 as of April 1. Let’s delve into the details:

  1. Immigration Surge: The increase was fueled by the arrival of 121,758 immigrants in the first quarter. Canada continues to be an attractive destination for newcomers seeking better opportunities and quality of life.

  2. Net Emigration: Despite the positive trend, 12,613 people left the country during the same period. Factors such as job opportunities, economic conditions, and personal circumstances contribute to emigration.

  3. Non-Permanent Residents: Canada also welcomed 131,810 non-permanent residents, including students, temporary workers, and visitors. However, it’s worth noting that growth in this category occurred before the announcement of caps on permits for non-permanent residents in 2024.

The population surge reflects Canada’s diverse and dynamic society, shaped by immigration, economic factors, and social changes. As the nation continues to evolve, policymakers and communities must address the implications of this growth.


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