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1. Spring Economic Update Lands Today Finance Minister François‑Philippe Champagne tables the 2026 Spring Economic Update this afternoon, outlining Ottawa’s latest fiscal outlook and new measures aimed at supporting Canadians amid global instability. 2. Fuel Excise Tax Temporarily Suspended Prime Minister Mark Carney has paused the federal excise tax on gas, diesel, and aviation fuel , offering short‑term relief as energy prices remain elevated due to geopolitical tensions.  3. Canada’s First Sovereign Wealth Fund Announced Carney has unveiled the Canada Strong Fund , the country’s first sovereign wealth fund, designed to finance major national infrastructure and economic‑building projects in partnership with the private sector.  4. CPP & OAS Payments Arrive Today New CPP and OAS payments are being issued today, including adjustments for seniors affected by recovery tax calculations, which are spread across monthly OAS payments.  5. Global Instability Conti...

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US Claims Russian Air Defenses Downed Azerbaijani Plane

                                         

The United States has suggested that Russian air defenses may have been responsible for the downing of an Azerbaijan Airlines plane that crashed in Kazakhstan earlier this week. The Embraer 190 aircraft, which was en route from Baku to Grozny, crashed near Aktau, killing 38 people and injuring all 29 survivors.

According to White House national security spokesman John Kirby, early indications point to the possibility that the plane was brought down by Russian air defense systems. Kirby emphasized that the U.S. has seen some evidence supporting this theory but declined to provide further details, citing an ongoing investigation.

Azerbaijan's Minister of Digital Development and Transportation, Rashad Nabiyev, also suggested that the plane was subjected to "external interference" before the crash. Survivors reported hearing loud noises and explosions while the aircraft was circling over Grozny.

The Kremlin has yet to respond to these claims, with Russian officials stating that it is premature to draw conclusions before the investigation is complete.

The incident has raised tensions between Azerbaijan and Russia, with Azerbaijan pausing flights to several Russian cities citing potential flight safety risks.

As the investigation continues, the international community awaits further clarity on the circumstances surrounding this tragic event.


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