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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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Poilievre Declines Severance After Election Defeat, Signaling Fiscal Responsibility

Conservative Leader Pierre Poilievre has declined the severance package offered to defeated Members of Parliament following his unexpected loss in the Ontario riding of Carleton. Poilievre, who had held the seat for two decades, was defeated by Liberal candidate Bruce Fanjoy in a closely contested race.  

Despite the setback, Poilievre remains committed to his principles of fiscal responsibility, rejecting the severance that MPs typically receive upon losing their seats. His decision aligns with his long-standing stance on government spending and accountability.  

Poilievre’s loss has sparked discussions about his future in the Conservative Party, with some members rallying behind him while others question his leadership moving forward. However, his rejection of severance sends a clear message about his commitment to financial prudence, a key pillar of his political ideology.  

As the political landscape shifts, Poilievre’s next steps will be closely watched, particularly as the Conservative Party navigates its path forward in the wake of the election results.

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