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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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Iran Signals Harder Line as Mediation Efforts Intensify

 

              An Iranian cleric visits the Islamic Revolutionary Guard Corps Aerospace Force Museum in Tehran.

Iran has adopted a noticeably tougher stance in ongoing diplomatic discussions, according to sources familiar with the talks, even as multiple international actors attempt to mediate rising tensions in the region.

Diplomats say Tehran has increased its demands and is showing less flexibility than in earlier rounds, a shift that has complicated efforts by mediators seeking to de‑escalate regional friction. While the details of the negotiations remain confidential, officials suggest Iran is leveraging its position amid heightened geopolitical pressure.

Mediation efforts by several countries continue, but progress has slowed. Analysts note that Iran’s firmer posture may be aimed at strengthening its bargaining power or responding to domestic political considerations.

Despite the challenges, negotiators remain cautiously hopeful that dialogue will continue, emphasizing that diplomatic channels are still open.


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