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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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Escalation in Sudan: RSF Drone Strikes Hit Key Targets in Port Sudan

Sudan’s paramilitary Rapid Support Forces (RSF) launched drone strikes on Port Sudan early Tuesday, targeting critical infrastructure including the airport, port, and a hotel. This marks the second attack on the city within a week, further intensifying the ongoing conflict.

The strikes disrupted air traffic, with multiple flights canceled at Cairo airport, which serves as a key transit hub for Sudan-bound travelers. Local media reported explosions and fires at the port and airport, with footage showing thick smoke rising over the area. Residents described waking up to loud blasts and witnessing flames engulf parts of the city.

Port Sudan has served as a refuge for displaced civilians and humanitarian organizations since the war erupted in April 2023. The RSF’s latest assault is seen as retaliation for recent military strikes on its base at Nyala airport in South Darfur. The paramilitary group has increasingly relied on drone warfare, allegedly receiving arms shipments from external allies, though these claims remain disputed.

The attack underscores the prolonged instability in Sudan, where two years of fighting have led to widespread displacement and famine. With no immediate resolution in sight, the conflict continues to threaten civilian lives and critical infrastructure.

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