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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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Global Partners Pledge Billions for Gaza at Trump’s Board of Peace Launch

 

U.S President Donald Trump, Indonesia's President Prabowo Subianto, Albania's Prime Minister Edi Rama, Saudi Minister of State for Foreign Affairs, Cabinet Member, and Climate Envoy Adel Al-Jubeir, Azerbaijani President Ilham Aliyev, and Jordan's Foreign Minister Ayman Safadi attend the inaugural Board of Peace meeting at the U.S. Institute of Peace in Washington, D.C., U.S., February 19, 2026

At the inaugural meeting of the Board of Peace in Washington, President Donald Trump announced that participating nations have pledged billions toward Gaza’s reconstruction. According to multiple reports, nine member countries committed a combined $7 billion to a new reconstruction fund, alongside agreements from several nations to contribute personnel to an international stabilization force. 

The commitments include troop pledges from Indonesia, Morocco, Kazakhstan, Kosovo, and Albania, with Egypt and Jordan offering to train police forces to support future security operations in Gaza. 

Trump emphasized that the initiative aims to rebuild critical infrastructure and support long‑term stability in the region, though the plan remains contingent on significant political and security developments on the ground. The United States also signaled its intention to contribute substantial funding to the effort. 

The Board of Peace, introduced as a new platform for coordinating international conflict‑resolution and reconstruction efforts, is expected to play a central role in shaping future diplomatic discussions surrounding Gaza’s recovery. 


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