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Markets Hold Steady as Iran Deal Hopes Lift Sentiment — April 14, 2026

MoneySavings.ca  ·  Daily Market Brief Tuesday, April 14, 2026  ·  Morning Edition Markets hold steady as Iran deal hopes lift sentiment S&P 500 Futures 6,936 ▲ +0.20% Nasdaq Futures 25,647 ▲ +0.40% Dow Futures 48,501 ▲ +0.16% WTI Crude $96.31 ▼ −2.80% easing North American markets are poised for a steady open on Tuesday as investors grow cautiously optimistic about a potential U.S.-Iran agreement. U.S. stock futures held firm after the major averages posted strong gains the previous session, with the S&P 500 fully erasing its war-driven losses. Oil prices offered some relief for consumers, with WTI crude pulling back nearly 3% to around $96.31 per barrel — easing from Monday's spike above $104. Asian markets also opened higher overnight, with Japan's Nikkei 225 rising 2.43% and Hong Kong's Hang Seng gaining 1%, both t...

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Freight Train Standstill: Canadians Await Details on Railway Reopening

 

Businesses and industry leaders across Canada are holding their breath as they await updates on when freight trains will resume operations. The federal government has stepped in after a work stoppage brought all shipments to a halt for an entire day.

Months of tense negotiations between Canadian Pacific Kansas City Ltd. (CPKC) and Canadian National Railway Co. (CN) reached a breaking point when the two sides failed to reach a deal by 12:01 a.m. eastern time on Thursday. In response, both companies locked out workers.

Federal Labour Minister Steven MacKinnon swiftly intervened, asking the Canada Industrial Relations Board (CIRB) to impose binding arbitration on the parties. He also requested that the railways resume operations under the terms of the old collective agreement until new deals are in place.

CN promptly lifted its lockout in anticipation of a formal order from the board, while CPKC prepared to restart operations. However, the Teamsters union, representing rail workers, refused to discuss resuming service and instead challenged the constitutionality of MacKinnon’s direction.

The impact of this work stoppage extends beyond supply chains. Tens of thousands of commuters in Toronto, Montreal, and Vancouver rely on lines running on CPKC-owned tracks. The urgency to restore rail services is palpable, and all eyes are on the CIRB’s decision.


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