Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Spring Forward: Daylight Saving Time in Canada

As the winter chill begins to fade and the promise of spring looms on the horizon, Canadians prepare to embrace longer days and shorter nights. The eagerly awaited transition to Daylight Saving Time (DST) marks the end of standard time, as clocks across the country spring forward by one hour. This year, DST begins on Sunday, March 9, 2025, at 2 a.m. local time.

While the adjustment might mean losing an hour of precious sleep, the benefits of DST are well worth the initial grogginess. The extra daylight in the evenings encourages outdoor activities, boosts mental well-being, and provides a sense of rejuvenation after the long, dark winter months. Communities come alive as residents take advantage of the extended daylight to socialize, exercise, and engage in various recreational pursuits.

Historically, DST was introduced to make better use of daylight during the longer days of spring and summer. The practice was first implemented during World War I as a means to conserve energy. Over the years, it has evolved into a tradition that many Canadians eagerly anticipate.

As you set your clocks forward this weekend, take a moment to relish the thought of longer, sunlit evenings and the opportunities they bring. Whether it's a leisurely stroll in the park, a family barbecue, or simply soaking up the golden hour, the extra daylight is a gift to cherish.


Labels:

Comments

Post a Comment