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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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U.S. Leverages Starlink Access in Critical Minerals Negotiations with Ukraine

In a high-stakes negotiation, U.S. officials have reportedly threatened to cut off Ukraine's access to the Starlink satellite internet system, owned by Elon Musk's SpaceX, if Kyiv does not agree to a deal on critical minerals. Starlink has been a lifeline for Ukraine, providing crucial internet connectivity amid the ongoing conflict with Russia.

The issue was raised during discussions between U.S. and Ukrainian officials after Ukrainian President Volodymyr Zelenskyy rejected an initial proposal from U.S. Treasury Secretary Scott Bessent. The proposal demanded $500 billion in mineral wealth from Ukraine as repayment for wartime aid, without offering specific security guarantees.

During a recent meeting, U.S. Special Envoy to Ukraine Keith Kellogg reiterated the threat of cutting off Starlink access if an agreement on critical minerals was not reached. The potential loss of Starlink would be a significant blow to Ukraine, which relies on the system for military operations and civilian communications.

Despite the pressure, Zelenskyy has remained firm in his stance, rejecting demands that he believes do not adequately protect Ukraine's interests. Negotiations are ongoing, with both sides working towards a potential agreement.




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