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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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Maldives Bans Israelis from Entering Country Over War in Gaza

 

The Maldives government has taken a significant step by announcing a ban on Israeli citizens from entering the Indian Ocean archipelago. This decision comes amid rising public anger in the predominantly Muslim nation over the ongoing war in Gaza. Here are the key details:

  1. Ban Details:

    • The Cabinet of the Maldives decided to change laws to prevent Israeli passport holders from entering the country.
    • A subcommittee will be established to oversee the ban implementation.
    • President Mohamed Muizu will appoint a special envoy to assess Palestinian needs and launch a fundraising campaign.

  2. Israel’s Response:

    • Israel’s Foreign Ministry spokesperson, Oren Marmorstein, recommended that Israelis avoid any travel to the Maldives, including those with foreign passports.
    • Israelis currently in the Maldives are advised to consider leaving.

  3. Tourism Impact:

    • Nearly 11,000 Israelis visited the Maldives last year, accounting for 0.6% of total tourist arrivals.

The ban reflects the Maldives’ stance on the conflict in Gaza and underscores the nation’s solidarity with the Palestinian cause. As tensions persist, this move adds to the geopolitical dynamics in the region.


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