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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 Pushes for a "Real End" to Iran's Nuclear Program Amid Rising Tensions

U.S. President Donald Trump has reiterated his stance on Iran’s nuclear ambitions, stating that he seeks a "real end" to the issue rather than a temporary ceasefire. His comments come as the conflict between Israel and Iran escalates, with airstrikes and missile exchanges intensifying.

Speaking aboard Air Force One after departing early from the G7 summit in Canada, Trump emphasized that Iran must "give up entirely" on its nuclear program. He dismissed claims that his return to Washington was related to ceasefire negotiations, asserting that his focus is on a broader resolution. 

The ongoing hostilities between Israel and Iran have raised concerns among world leaders, with calls for de-escalation growing louder. Trump has hinted at the possibility of sending senior officials, including U.S. Middle East Envoy Steve Witkoff or Vice President JD Vance, to engage with Iranian representatives. However, he remains firm in his position that Iran "cannot have a nuclear weapon".

As tensions continue to rise, the international community watches closely to see whether diplomatic efforts will lead to a resolution or if the conflict will further escalate.

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