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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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Netanyahu Weighs Full Gaza Reoccupation Amid Mounting Opposition

 

                Palestinians run towards parachutes carrying aid packages airdropped over northern Gaza Strip.


Israeli Prime Minister Benjamin Netanyahu is set to convene a high-stakes security cabinet meeting Thursday evening to discuss expanding military operations in Gaza, including a potential full reoccupation of the territory. The move comes amid growing domestic and international criticism of the nearly two-year war, which began after Hamas's deadly October 2023 attack on Israel.

Netanyahu reportedly favors a decisive military push to seize the remaining 25% of Gaza not yet under Israeli control, despite warnings from military officials that such action could endanger hostages and result in heavy casualties. Chief of Staff Lt. Gen. Eyal Zamir has expressed concern that occupying Gaza could be a strategic trap, while opposition leaders and hostage families have urged restraint and a negotiated resolution.

The humanitarian crisis in Gaza continues to worsen, with over 61,000 Palestinians killed and famine looming for the enclave’s displaced population. The United Nations has called the prospect of expanded operations “deeply alarming,” and ceasefire talks collapsed in July.

As Netanyahu pushes for what he calls “total victory” over Hamas, the outcome of Thursday’s cabinet meeting could mark a pivotal shift in Israel’s war strategy—and its regional and global standing.

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