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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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Cyprus: 50 Years of Division and Reflection

 

On July 20, 2024, Cyprus marked the 50th anniversary of the Turkish invasion, a pivotal event that has left the island divided ever since. The day was observed with a mix of solemn commemorations and celebratory events, reflecting the deep-seated divisions between Greek Cypriots and Turkish Cypriots.

At dawn, air raid sirens wailed across Nicosia and other cities, a stark reminder of the invasion that began on this day in 1974. Greek Cypriots mourned the loss and displacement caused by the invasion, with memorial services and moments of silence held to honor the fallen. President Nikos Christodoulides emphasized the importance of reflection and the pursuit of peace, urging for renewed dialogue to resolve the ongoing division.

In contrast, Turkish Cypriots in the north celebrated what they view as a liberation from Greek Cypriot control. Turkish President Tayyip Erdogan attended a military parade in northern Nicosia, marking the event as a "peace and freedom operation". The celebrations included a display of military strength, symbolizing the enduring presence and support of Turkey in the region.

Despite recent improvements in relations between Greece and Turkey, the Cyprus issue remains a sensitive and unresolved matter. The island’s division continues to evoke strong emotions and differing narratives on both sides. Efforts for reunification have repeatedly stalled, with the last significant attempt collapsing seven years ago.

As Cyprus reflects on this significant milestone, the hope for a peaceful resolution remains, albeit tempered by the complexities of the past and present.



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