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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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Trump Issues Dire Warning: 'Obliterate Iran' if It Tries to Assassinate Him


In a dramatic display of resolve on Tuesday, President Donald Trump announced that he has instructed his advisers to “obliterate” Iran if the Islamic Republic attempts to assassinate him. Speaking during a press briefing as he signed an executive order aimed at imposing maximum pressure on Tehran, Trump declared, “If they did that they would be obliterated, there won’t be anything left.”

The executive order follows federal charges alleging that Iranian officials had directed operative Farhad Shakeri, 51, to surveil and ultimately target Trump. Although Shakeri’s whereabouts remain unknown, the revelation of the thwarted assassination plot has contributed to an already tense atmosphere between Washington and Tehran.

Trump’s bold rhetoric underscores his administration’s uncompromising approach to national security. By issuing a threat that leaves no room for ambiguity, the president not only emphasizes his personal safety but also signals that any act of aggression against U.S. leadership will be met with an overwhelming response. This announcement comes at a time when geopolitical tensions are high, and it reinforces the message that the United States is prepared to take extreme measures if provoked.

As the situation develops, international observers will be closely watching how Tehran responds to what is perhaps one of the most stark warnings issued by a U.S. president in recent memory.

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