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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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UK Bonds Experience Worst Start to a Year on Record

 


UK bonds have experienced the worst start to a year on record, following an unexpected surge in inflation. 

The Bloomberg Sterling Aggregate Bond Index is down over 3% this month, more than any other sovereign market. The UK isn’t the only place where investors are rethinking their aggressive bets on interest-rate reductions. Traders in the US and Europe have also moderated their expectations. 

The turbulence in the bond market has brought home how vulnerable markets are. The Bank of England is now caught between a rock and a hard place, as the clear path the market was painting for a steady reduction in interest rates this year may have to be re-visited .


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