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Markets Hold Steady as Iran Deal Hopes Lift Sentiment — April 14, 2026

MoneySavings.ca  ·  Daily Market Brief Tuesday, April 14, 2026  ·  Morning Edition Markets hold steady as Iran deal hopes lift sentiment S&P 500 Futures 6,936 ▲ +0.20% Nasdaq Futures 25,647 ▲ +0.40% Dow Futures 48,501 ▲ +0.16% WTI Crude $96.31 ▼ −2.80% easing North American markets are poised for a steady open on Tuesday as investors grow cautiously optimistic about a potential U.S.-Iran agreement. U.S. stock futures held firm after the major averages posted strong gains the previous session, with the S&P 500 fully erasing its war-driven losses. Oil prices offered some relief for consumers, with WTI crude pulling back nearly 3% to around $96.31 per barrel — easing from Monday's spike above $104. Asian markets also opened higher overnight, with Japan's Nikkei 225 rising 2.43% and Hong Kong's Hang Seng gaining 1%, both t...
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Canadians Dread Another Election as Budget Showdown Looms in Ottawa

 

Minister of Finance and National Revenue Francois-Philippe Champagne listens to a reporter's question ahead of a cabinet meeting on Parliament Hill in Ottawa, on Tuesday, Oct. 21, 2025.


As tensions rise on Parliament Hill, Liberal MPs are emphatically rejecting the idea of a snap federal election, insisting that Canadians have no appetite for another trip to the polls. The warning comes amid a high-stakes standoff over the upcoming federal budget, which the minority Liberal government is struggling to secure support for.

Government House Leader Steven MacKinnon acknowledged that the Liberals currently lack the votes needed to pass the budget, scheduled for tabling on November 4. He accused opposition parties of making "unserious" demands and playing political games, raising the specter of a holiday-season election if the budget fails to pas.

Opposition leaders, however, are pushing back. Conservative House Leader Andrew Scheer argued that the Liberals are deliberately crafting a budget they know won’t gain support, suggesting the government is trying to engineer its own defeat to trigger an election. He called for a more “affordable” budget that reflects the economic pressures facing Canadians.

Finance Minister François-Philippe Champagne’s budget is expected to include significant investments in housing, the military, and support for workers affected by the U.S. trade war. However, it may also feature cuts to other spending areas, making it a tough sell across party lines.

With the Liberals holding a minority, they need at least one opposition party—either the NDP, Bloc Québécois, or Conservatives—to back the budget. So far, no party has committed to doing so, leaving the government in a precarious position.

As the political brinkmanship continues, many MPs are echoing the sentiment of their constituents: “God no,” said one Liberal MP when asked about the prospect of another election. Canadians, it seems, are weary of political instability and would prefer their leaders focus on governing rather than campaigning.


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