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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 Post Strike Enters Day 29: No End in Sight as Negotiations Stall


As the Canada Post strike reaches its 29th day, tensions remain high with no apparent resolution in sight. The Canadian Union of Postal Workers (CUPW) and Canada Post continue to be at odds over key issues such as wages, job security, and staffing for proposed weekend deliveries. 

Despite ongoing criticisms from both sides, federal mediation remains paused since late November, and there are no immediate plans to restart it. The federal labour minister has also resisted calls for government intervention, insisting that the two parties must reach an agreement independently.

This week, however, saw a small victory for the union as a mediated settlement was reached regarding a complaint over temporary layoffs during the strike. Canada Post has agreed to notify affected employees that they are not on a temporary layoff.

With Christmas fast approaching, the pressure is mounting on both sides to find a resolution soon. The strike, which involves over 55,000 workers, has already caused significant disruptions, and the public is growing increasingly concerned about the impact on holiday deliveries.

As negotiations continue, the hope is that both parties can come to an agreement that addresses their concerns and allows postal services to resume normal operations. Until then, Canadians are left waiting and hoping for a swift resolution.




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