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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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Wall Street Ends Week With Small Gain, But Big Loss


The US stock indexes closed slightly higher on Friday, but it was not enough to prevent the S&P 500 and Nasdaq Composite from having their worst weekly performance in months. The uncertainty over interest rate cuts has been cited as a major factor in the decline.

The economic data releases offered contrasting views on the state of the US economy: a robust jobs report from the Labor Department, which showed US employers hired more workers than expected in December, and a weak services sector survey from the ISM (,Institute for Supply Management) which showed activity in the services sector fell in December.

Some individual stocks had notable movements on Friday, such as Peloton (up on a TikTok deal) and Palantir (down on a Jefferies report).


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