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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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Ottawa Orders 100-Day Overhaul to Tackle CRA Service Delays

 



Finance Minister François‑Philippe Champagne has directed the Canada Revenue Agency (CRA) to implement a 100‑day action plan aimed at resolving what he calls “unacceptable” service delays at the agency’s call centres.

In a letter to the chair of Parliament’s finance committee, Champagne acknowledged mounting complaints from Canadians struggling to reach CRA agents, with wait times reportedly stretching to more than three hours in some cases. The plan will focus on measures such as reallocating or adding personnel, piloting a call‑scheduling system, and expanding digital service options.

The directive comes amid broader federal spending cuts, with over 3,000 CRA jobs lost since May of last year. While the agency recently extended contracts for 850 call‑centre employees, the Union of Taxation Employees warns that further cuts could worsen service levels.

Champagne and CRA officials are expected to update Parliament on the plan’s progress when the House of Commons resumes on September 15.


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