Fixed vs. variable is not a forecast — it's a fit question. Globe and Mail called me about this one. The honest framing I give every client: if a worst-case payment shock would force a sale or a missed bill, you can't afford the savings of variable. If you can absorb it, variable historically wins. Match the product to the life, not the market.
Does the latest Bank of Canada announcement mean it's go time again for variable-rate mortgages?
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