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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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Hope Rekindled: Russia and Ukraine Resume Peace Talks After Seven-Week Hiatus

 

After a tense seven-week pause, Russia and Ukraine are set to resume peace negotiations in a renewed effort to de-escalate the ongoing conflict. The talks, scheduled to take place in a neutral location, mark the first formal dialogue between the two nations since diplomatic efforts stalled earlier this summer.

International observers view the resumption as a cautious but significant step toward potential reconciliation. While expectations remain tempered, both sides have signaled a willingness to revisit key issues, including territorial disputes, humanitarian corridors, and prisoner exchanges.

Western diplomats have welcomed the move, urging both parties to prioritize civilian safety and long-term stability. Meanwhile, analysts warn that deep-rooted mistrust and unresolved grievances could hinder progress.

Still, the renewed dialogue offers a glimmer of hope in a war that has exacted a heavy toll on both nations. Whether this round of talks will yield tangible results remains uncertain—but for now, the world watches with guarded optimism.

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