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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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Israeli Strikes Kill 19 in Gaza Amid Ceasefire Negotiations


 In a tragic escalation of violence, Israeli airstrikes across Gaza resulted in the deaths of 19 people overnight, including a woman and her six children. These strikes occurred just as U.S. Secretary of State Antony Blinken arrived in the region to push forward ceasefire talks.

The situation remains tense, with months of contentious negotiations preceding this critical moment. Blinken’s visit aims to seal a ceasefire deal and bring an end to the hostilities that have plagued the area. However, the loss of innocent lives underscores the urgency of finding a peaceful resolution.

As the international community watches closely, hopes are pinned on diplomatic efforts to prevent further bloodshed and pave the way for lasting peace.


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