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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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Moscow’s Mockery: Russia’s Playful Response to Trump-Musk Feud

The ongoing feud between former U.S. President Donald Trump and billionaire entrepreneur Elon Musk has sparked amusement and mockery among Russia’s political elite. Russian officials and media figures have taken to social media to weigh in on the dispute, offering both sarcastic jabs and unexpected invitations.

Dmitry Rogozin, a nationalist senator and former head of Russia’s space program, extended an open invitation to Musk, suggesting that if he faced insurmountable challenges in the U.S., he could find “reliable comrades and complete freedom of technical creativity” in Russia. Meanwhile, Dmitry Medvedev, a senior security official and former Russian president, jokingly proposed mediating a peace deal between Trump and Musk, humorously suggesting that Starlink shares could serve as payment.

Russian state media executives also joined in, mocking the feud as emblematic of modern U.S. political culture. Margarita Simonyan likened it to the English Industrial Revolution—“only in reverse”. Kirill Dmitriev, head of Russia’s sovereign wealth fund, even asked X’s AI chatbot how Musk and Trump could reconcile, underscoring the spectacle surrounding the dispute.

While Kremlin spokesman Dmitry Peskov refrained from direct commentary, he expressed confidence in Trump’s ability to handle the situation, noting that presidents juggle numerous responsibilities, some more significant than others. Others in Russia saw the feud as a welcome distraction for Washington, with nationalist tycoon Konstantin Malofeyev suggesting it was the “best time to strike back” against Ukraine.

As the Trump-Musk rivalry continues to unfold, Russia’s playful engagement highlights its penchant for capitalizing on Western political drama—whether for amusement or strategic advantage.

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