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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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S&P/TSX Composite Slips as U.S. Markets Surge

 

In a mixed start to the week, Canada’s main stock index, the S&P/TSX composite, dipped slightly, shedding 51.22 points to close at 21,587.88. Meanwhile, U.S. markets continued their ascent, with the Dow Jones industrial average gaining 188.94 points, reaching 38,778.10. The S&P 500 index also rose by 41.63 points to 5,473.23, and the Nasdaq composite climbed 168.14 points to 17,857.02.

Investors on both sides of the border are adjusting to recent interest rate decisions by the U.S. Federal Reserve and the Bank of Canada. While the TSX experienced some losses, optimism remains, buoyed by positive housing starts data in Montreal and Toronto.

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