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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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Yahya Sinwar: From Militant to Hamas Leader

 

Yahya Sinwar, the mastermind behind the October 7 attacks on Israel, has been announced as the new leader of the militant group Hamas . Here are some key points about Sinwar:

  1. Background and Early Life:

    • Born in 1962 in a refugee camp in Gaza’s Khan Younis, Sinwar was an early member of Hamas, which formed in 1987.
    • He led the group’s security arm, working to eliminate spies for Israel.
    • His ruthless reputation earned him the nickname “The Butcher of Khan Younis.”
  2. Imprisonment and Release:

    • Israel arrested Sinwar in the late 1980s, and he admitted to killing 12 suspected collaborators.
    • He was sentenced to four life terms, but in 2011, Prime Minister Benjamin Netanyahu released him in exchange for an Israeli soldier captured by Hamas.
  3. Rise to Power in Gaza:

    • Back in Gaza, Sinwar quickly climbed Hamas’ leadership ranks.
    • He orchestrated the 2016 killing of another top Hamas commander, Mahmoud Ishtewi, in an internal power struggle.
    • Sinwar became head of Hamas in Gaza, aligning the group with Iran and building its military capabilities.
  4. The October 7 Attack:

    • Sinwar, along with Mohammed Deif (head of Hamas’ armed wing), engineered the surprise attack on Israel.
    • The attack killed about 1,200 Israelis (mostly civilians) and sparked a war that claimed nearly 40,000 Palestinian lives in Gaza .
  5. Challenges Ahead:

    • Sinwar has been in hiding since the attack, making day-to-day operations challenging for Hamas .
    • As the new leader, he faces complex geopolitical dynamics and the ongoing Israeli-Palestinian conflict.

In summary, Yahya Sinwar’s journey from a refugee camp to Hamas leader reflects both resilience and ruthlessness, shaping the group’s future under his leadership.

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