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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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Chaos Unleashed: 6,000 Inmates Escape Amid Mozambique's Post-Election Turmoil

In a shocking turn of events, at least 6,000 inmates escaped from Maputo Central Prison in Mozambique on Christmas Day. The mass breakout occurred amid widespread post-election violence and riots following the confirmation of the ruling Frelimo party's victory in the October 9 elections.

The escape began around midday when a group of subversive protesters agitated near the prison, leading to a confrontation with security forces. During the chaos, prisoners managed to snatch weapons from prison warders and began freeing other detainees. The situation escalated further when a wall collapsed, allowing the inmates to flee.

Mozambique's police chief, Bernardino Rafael, reported that 33 prisoners died and 15 others were injured during the confrontation. Among the escapees were 29 convicted terrorists, raising significant concerns for the country's security forces.

Videos circulating on social media show the moment inmates left the prison, with some prisoners attempting to hide in homes, only to be recaptured by military personnel and prison guards. The police chief has called for the voluntary surrender of the escaped prisoners and urged the public to remain vigilant.

The prison break is a stark reminder of the volatile situation in Mozambique, as the country grapples with the aftermath of a contentious election and the ensuing violence.

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