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Fixed vs. Variable Mortgages in Canada: Which Should You Choose Right Now?

  Mortgages | Personal Finance | June 2026 Variable rates sit at 3.30% while fixed rates have climbed above 4%. The Bank of Canada is frozen between inflation and recession. Here's what that means for your mortgage decision today. By MoneySavings.ca Staff  |   June 26, 2026 📊 Today's Best Mortgage Rates — June 26, 2026 Type Term Lowest Rate (Broker) Big Bank Range Variable 5-Year ~3.30% ~3.50–4.00% Fixed (Insured) 5-Year ~4.04% ~4.50–5.20% Fixed (Conventional) 5-Year ~3.94% Higher Bank of Canada Policy Rate 2.25%  |  Prime Rate: 4.45% Sources: NerdWallet Canada, Ratehub.ca, WOWA.ca, bestrates.ca. Rates as of June 26, 2026. Broker rates require qualification; Big Bank rates are estimates. Your actual rate depends on your credit score, down payment, and mortgage type. If you're buying a home, renewing a mortgage, or simply trying to make sense of an unusually complex rate environment, you've arrived at the right question at a complicated moment. The Canadian...

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Gaza’s War-Torn Streets Choked by Waste and Sewage Crisis

Palestinian children look through garbage near a landfill site in Khan Younis, southern Gaza Strip


In the aftermath of months of devastating conflict, Gaza is facing a mounting environmental and public health disaster. Streets across the enclave are littered with piles of garbage, while sewage seeps through rubble and tented encampments, creating unbearable living conditions for displaced families.

Government services such as waste collection collapsed when the war began, and although limited operations have resumed since the recent truce, the scale of destruction makes a full cleanup impossible in the near future.

The crisis is not only environmental but also humanitarian. Overflowing trash, contaminated water, and raw sewage are fueling outbreaks of illness, particularly among children weakened by months of displacement and malnutrition. Aid agencies warn that without urgent intervention, Gaza risks a spiraling health emergency that could last for years.

Beyond immediate health concerns, experts highlight the long-term damage to Gaza’s soil, freshwater supplies, and coastline, which may take decades to repair. Raw sewage flowing into the Mediterranean has already contaminated water sources, while once-fertile farmland lies ruined.

For Gaza’s residents, the environmental devastation compounds the trauma of war. The struggle for survival now includes not only rebuilding homes but also confronting the toxic legacy of waste and sewage that threatens their future.

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