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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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Tragedy in Gaza: UN Reports Mass Killing of Medics

 

The United Nations has reported a devastating incident in southern Gaza, where 15 Palestinian medics and emergency responders were killed by Israeli troops and buried in a mass grave. The medics, including workers from the Palestinian Red Crescent and Gaza’s Civil Defense, were reportedly on a mission to rescue casualties when they were struck down. Their vehicles were clearly marked as humanitarian, according to the Palestinian Red Crescent, which has accused Israeli forces of targeting them "in cold blood."

The Israeli military has stated that its troops fired on vehicles that approached them "suspiciously" without identification. However, the UN and other humanitarian organizations have raised concerns about the targeting of medical personnel, calling it one of the deadliest attacks on aid workers in recent years.

This tragic event has drawn international condemnation and highlighted the ongoing humanitarian crisis in Gaza, where medical and emergency teams often operate under life-threatening conditions. The incident underscores the urgent need for accountability and the protection of humanitarian workers in conflict zones.

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