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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’s Leadership Crossroads: Assembly Reaches Consensus on Successor

 

Iranian media said the group had a minor disagreement over whether they would need to meet in person to issue their final decision, or bypass this formality.

A majority consensus has been reached within Iran’s Assembly of Experts on who will succeed the slain Supreme Leader Ayatollah Ali Khamenei, according to multiple reports from Iranian and international media. Assembly member Ayatollah Mohammadmehdi Mirbaqeri confirmed that the clerical body has “more or less” settled on a candidate, though he noted that several procedural obstacles remain before a formal announcement can be made. 

The decision follows days of intense deliberation amid heightened regional tensions and uncertainty about Iran’s political future. While the identity of the chosen successor has not yet been released, reports indicate that the selection aligns with guidance left by Khamenei, including the expectation that the next leader should be someone “hated by the enemy.” 

Minor disagreements persist within the Assembly regarding whether the final decision must be issued during an in‑person meeting or can be formalized remotely, reflecting the urgency and sensitivity of the succession process. Despite these unresolved details, officials suggest that the formal announcement could come as soon as the remaining procedural issues are settled. 


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