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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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Tragedy in Gaza: Civilians Face Devastating Losses Amid Conflict


In a deeply troubling escalation of violence, Israeli airstrikes have reportedly killed at least 100 Palestinians in Gaza, including 27 individuals who were seeking refuge in a school. Palestinian health officials have described the situation as catastrophic, with civilian casualties mounting as the strikes continue. 

The targeted school had been serving as a shelter for displaced families, highlighting the vulnerability of those caught in the crossfire. Witnesses and local authorities have expressed shock and grief over the loss of life, particularly among women and children. 

This incident underscores the urgent need for international intervention and humanitarian aid to address the growing crisis in Gaza. As the conflict intensifies, the global community faces mounting pressure to advocate for peace and protect innocent lives.

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