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Ottawa's Parliament Hill, where the Carney government is rolling out Canada's largest fiscal stimulus package since 1980. / Photo: Unsplash. MoneySavings.ca  ·  Economy & Policy Monday, April 13, 2026  ·  Daily Edition Canada at a crossroads: oil shock, frozen rates, and a trade deal on the clock Canada's economy is navigating a uniquely complicated moment in 2026. A Middle East conflict has sent oil prices surging past US$104 a barrel, a once-in-a-generation fiscal stimulus package is being rolled out in Ottawa, and the clock is ticking on a renegotiation of Canada's most important trade agreement. For everyday Canadians, this means uncertainty at the gas pump, a central bank with limited room to cut rates, and a federal government betting big on public spending to kick-start growth. Here is what you need to know about the forces shaping the Canadian economy right now. 1. The Bank of Canada is stuck — and oil is why The Bank of Canada has held it...

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Houthi Rebels Continue Reckless Attacks on Commercial Ships in Red Sea Despite Increased Trade Traffic


According to a recent news article, the Houthi rebels have continued their attacks on commercial ships in the Red Sea, despite the increase in trade traffic.

The commander of US naval forces in the Middle East has warned that the Houthis show no signs of ending their “reckless” attacks, which have included the use of ballistic missiles and drones. The US military has responded to these attacks by sinking three Houthi boats. The attacks have led to the suspension of Maersk’s Red Sea sailings.


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