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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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Elon Musk's Pentagon Visit Sparks Controversy Over Leaks

Billionaire entrepreneur Elon Musk recently held a high-profile meeting at the Pentagon, marking an unprecedented step in his involvement with U.S. government affairs. The meeting, which lasted 80 minutes, was with U.S. Defense Secretary Pete Hegseth and focused on innovation and efficiency in government operations. Musk, whose companies like SpaceX and Tesla have significant Defense Department contracts, emphasized his commitment to supporting government initiatives.

However, the visit was overshadowed by controversy. Reports surfaced suggesting Musk might be briefed on sensitive U.S. military plans regarding potential conflicts with China. Both Musk and President Donald Trump vehemently denied these claims, labeling them as "pure propaganda." Musk took to social media to call for the prosecution of Pentagon officials allegedly leaking "maliciously false information" about his visit.

The meeting has raised questions about potential conflicts of interest, given Musk's extensive business ties in China. Critics, including Democratic senators, have demanded transparency regarding the information shared during the meeting. Despite the backlash, Musk expressed his willingness to assist in achieving "good outcomes" for government projects.

The incident highlights the complexities of balancing private sector innovation with national security concerns, especially when high-profile figures like Musk are involved.

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