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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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Israel Expands Military Presence as Hezbollah Conflict Deepens

 

People walk near debris at the site of an Israeli strike, following an escalation between Hezbollah and Israel amid the U.S.-Israeli conflict with Iran, Zuqaq al-Blat district of central Beirut, Lebanon, March 18, 2026. 

Israel has sharply escalated its military posture along the Lebanon border, more than doubling troop deployments and intensifying operations against Hezbollah. Fresh reports describe expanded ground activity, home searches in evacuated villages, and continued airstrikes as the conflict widens. 

Israel has significantly increased its military footprint along the Lebanese border, deploying more than twice the number of troops since early March as fighting with Hezbollah intensifies. According to senior Israeli commanders, forces are now conducting extensive ground operations, including searches of homes in southern Lebanese villages that were previously ordered evacuated. 

The escalation comes amid heavy Israeli airstrikes targeting Hezbollah positions, with smoke rising across multiple border communities. These operations mark some of the deadliest spillover effects of the broader U.S.-Israeli conflict with Iran, which has drawn Lebanon deeper into the regional confrontation. 

Reports from the ground indicate that Israeli troops are firing artillery across the border while Hezbollah continues to launch rockets and drones into Israeli territory. The intensifying clashes have contributed to widespread destruction in southern Lebanon and heightened fears of a prolonged, multi-front conflict. 


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