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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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Ontario's Measles Outbreak Worsens as Cases Surge


Ontario is grappling with a rapidly escalating measles outbreak, as health officials report nearly 200 new cases in the past week. The province's total count of probable and confirmed infections has now reached 1,440 since the outbreak began in October.

The highly contagious virus has spread to new regions across Canada, with Nova Scotia and Northwest Territories recently confirming their first cases. Alberta has also seen a sharp rise, reporting nearly 300 cases since mid-March, including three children in intensive care.

Ontario's southwestern region remains the hardest hit, with nearly 500 cases concentrated there. Health officials emphasize that the majority of infections are occurring among unvaccinated children, infants, and teenagers.

With hospitalizations climbing 101 patients admitted, including 75 children public health authorities are urging residents to ensure their vaccinations are up to date. The province continues to ramp up immunization efforts in an attempt to curb the outbreak's spread.



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