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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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Drone Strikes Disrupt Moscow’s Air Traffic Amid Rising Tensions

In a dramatic escalation of hostilities, Ukrainian drone attacks forced the temporary suspension of flight operations at all four international airports around Moscow. Russian authorities reported intercepting over 100 drones targeting multiple regions, including areas deep within Russian territory. 

The strikes, which marked the second consecutive night of aerial assaults on Moscow, also led to disruptions at nine additional regional airports. The timing of the attacks is particularly significant, as they come just days before Russia’s planned Victory Day celebrations, commemorating the defeat of Nazi Germany in World War II. 

Russian officials have warned of heightened security measures in the capital, including potential internet restrictions and bans on fireworks during the festivities. Meanwhile, Ukrainian forces continue to leverage advanced drone technology to counter Russia’s military advantage along the front lines. 

The latest developments underscore the ongoing volatility of the conflict, with both sides engaging in long-range strikes despite discussions of ceasefire proposals. As global leaders prepare to gather in Moscow for the anniversary events, the situation remains tense, with uncertainty surrounding the effectiveness of diplomatic efforts to de-escalate the war.

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