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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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U.S. Approves $3 Billion Arms Deal with Israel Amid Ceasefire Talks

The Trump administration has approved a significant arms sale to Israel, valued at nearly $3 billion. This deal includes over 35,500 MK 84 and BLU-117 bombs, 4,000 Predator warheads, and Caterpillar D9 bulldozers, among other equipment. The State Department bypassed the usual congressional review, citing national security interests.

The timing of this approval coincides with the expiration of the first phase of a ceasefire between Israel and Hamas. The truce, which began in January 2025, has seen the release of hostages and prisoners on both sides, along with increased humanitarian aid to Gaza. Negotiators are working to extend the ceasefire and move toward a lasting resolution.

This arms deal underscores the U.S.'s continued support for Israel, even as the region navigates a fragile peace process.

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