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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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RCMP Investigates Allegations of Corruption in Alberta Health Contracts

The Royal Canadian Mounted Police (RCMP) has initiated a formal investigation into allegations of corruption and political interference within Alberta Health Services (AHS). The probe follows a complaint received in February, which raised concerns about procurement practices and potential conflicts of interest in multimillion-dollar health contracts.

The allegations were brought to light by Athana Mentzelopoulos, the former CEO of AHS, who filed a wrongful dismissal lawsuit against the agency and the provincial government. Mentzelopoulos claims she was terminated after launching an internal investigation into inflated contract prices and questionable dealings with private surgical providers. She also alleged political pressure to approve contracts despite unresolved concerns.

The RCMP's investigation adds to ongoing reviews by Alberta's auditor general and a third-party inquiry led by former Manitoba judge Raymond E. Wyant. While the allegations remain unproven in court, the case has sparked widespread calls for transparency and accountability in the province's healthcare system.

Health Minister Adriana LaGrange and Premier Danielle Smith, both named in the lawsuit, have denied any wrongdoing. The government has pledged full cooperation with the RCMP's investigation.


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