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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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Deadly Overnight Raid Deepens Israel–Lebanon Tensions

 

Rubble lies after an Israeli strike on Beirut's southern suburbs, following an escalation between Hezbollah and Israel.

Israel conducted a rare airborne operation in eastern Lebanon overnight, deploying troops near the town of Nabi Chit in the Bekaa Valley. The raid coincided with heavy Israeli airstrikes across the region, leaving 16 people dead and dozens wounded, according to Lebanese state media and health officials. 

Residents reported that Israeli helicopters dropped soldiers into the area, prompting exchanges of fire with Hezbollah fighters before the troops withdrew under continued bombardment. The incident comes amid escalating hostilities following Hezbollah’s recent rocket and drone attacks on Israel, drawing Lebanon deeper into the widening regional conflict. 


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