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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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French Election Outcome: Leftist Coalition Gains Majority, Macron Faces Uncertainty

 

The French election results have yielded an intriguing outcome. While the far-right party, led by Marine Le Pen’s National Rally, increased its seats in the National Assembly, it did not secure an outright majority. Instead, French voters granted the most parliamentary seats to a broad leftist coalition, keeping the far right away from power. President Emmanuel Macron’s centrist alliance came in second. 

Now, with no clear figure emerging as a possible future prime minister, Macron faces uncertainty. He has stated that he will wait to decide his next steps and is heading to Washington this week for a NATO summit. The new legislators can begin work in parliament on Monday, with their first session scheduled for July 18. Prime Minister Gabriel Attal offered his resignation, but Macron asked him to remain temporarily as head of the government. Macron’s term runs until 2027, and despite his weakened position, he still holds significant powers over foreign policy, European affairs, defense, and international treaties negotiation. 

For now, France remains in an unprecedented situation, and the challenge lies in navigating this delicate political landscape.

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