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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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Israel Sends Delegation to Qatar for Ceasefire Talks as Netanyahu Heads to Washington

In a significant diplomatic move, Israel dispatched a delegation to Qatar on Sunday to engage in indirect negotiations with Hamas over a potential ceasefire and hostage release deal in Gaza. The talks come just hours before Prime Minister Benjamin Netanyahu is scheduled to meet U.S. President Donald Trump in Washington.

The Israeli government confirmed the delegation’s departure despite labeling Hamas’s proposed amendments to a U.S.-backed ceasefire plan as “unacceptable.” The plan, which includes a 60-day truce and the staggered release of hostages, has been met with cautious optimism by Hamas, which responded “in a positive spirit” but requested key changes regarding humanitarian aid, Israeli troop withdrawal, and long-term conflict resolution.

Public pressure is mounting on Netanyahu to secure a deal, with large demonstrations erupting in Tel Aviv demanding the return of approximately 50 hostages still held in Gaza. Meanwhile, internal divisions persist within Netanyahu’s coalition, with some hardline ministers opposing any agreement that falls short of Hamas’s total disarmament.

The outcome of the Qatar talks and Netanyahu’s meeting in Washington could prove pivotal in determining whether a path toward de-escalation in Gaza is achievable—or if the conflict will continue to grind on.

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