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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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Trump's Tariff Tango: The Strain on U.S.-Canada Relations

The relationship between the United States and Canada, historically marked by mutual respect and cooperation, has taken a sharp turn under President Donald Trump's administration. The latest chapter in this strained dynamic is Trump's imposition of sweeping 25% tariffs on Canadian goods, citing concerns over illegal immigration and drug trafficking. While these issues are more pronounced at the U.S.-Mexico border, Canada has found itself caught in the crossfire.

The tariffs, which also include a 10% levy on Canadian energy exports, have sparked a trade war between the two nations. Canada has responded with its own counter-tariffs, targeting $30 billion worth of U.S. goods, with plans for additional measures. Prime Minister Justin Trudeau has vowed to stand firm, emphasizing the need to protect Canadian jobs and the economy.

For consumers, the impact is immediate and tangible. Prices for everyday goods, from groceries to construction materials, are expected to rise as businesses pass on the increased costs. Economists warn that these tariffs could lead to job losses, economic instability, and even a potential recession.

The broader implications are equally concerning. The tariffs threaten to unravel decades of free trade agreements and could set a precedent for future economic conflicts. As both nations brace for the fallout, the question remains: can this long-standing partnership withstand the strain?

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