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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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Kim and Lukashenko Showcase United Front Amid Rising Global Tensions

Belarusian President Alexander Lukashenko and North Korean leader Kim Jong Un attend a welcome ceremony at Kim Il Sung Square in Pyongyang, North Korea.

North Korean leader Kim Jong‑un welcomed Belarusian President Alexander Lukashenko with an elaborate state ceremony in Pyongyang, featuring a white‑horse cavalry escort, a red carpet, and a 21‑gun salute—an unmistakable display of solidarity between two of Vladimir Putin’s closest international allies. 

During the visit, the two leaders embraced warmly and prepared to sign a friendship and cooperation treaty, signaling deeper political alignment as both nations face extensive Western sanctions. Belarusian officials noted that while current trade remains modest, there is potential for growth in sectors such as food and pharmaceuticals. 

The meeting also carried strong symbolic weight. Lukashenko paid respects at the Kumsusan Palace of the Sun, and both leaders emphasized their shared resistance to international isolation. Analysts suggest the summit serves more as a public demonstration of unity than a platform for concrete economic or strategic breakthroughs. 

Despite their isolation, both leaders have maintained intermittent engagement with the United States in recent years, though such interactions have yielded limited results. 


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