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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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Pope Francis Returns to Vatican After Battling Severe Pneumonia

Pope Francis has been discharged from Rome's Gemelli Hospital following a life-threatening bout of pneumonia. The 88-year-old pontiff, who has a history of chronic lung issues, spent 38 days in the hospital—the longest stay of his papacy.

Before leaving, the Pope made a brief public appearance on the hospital balcony, where he blessed the gathered crowd and expressed gratitude for their prayers. Chants of "Viva il papa!" filled the air as he waved and gave a thumbs-up.

Doctors have advised the Pope to rest and avoid large gatherings for the next two months as he continues his recovery. Despite the challenges, his return to the Vatican has brought relief and joy to the Catholic faithful worldwide.

This marks a significant moment in his 12-year papacy, showcasing his resilience and the global support he continues to receive.

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