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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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Mojtaba Khamenei’s Rise Signals Continuity of Iran’s Hardline Rule

 

Demonstrators gather with Iranian national flags for a rally in support of the new Supreme Leader at Enghelab Square in central Tehran on Monday.


Iran has appointed Mojtaba Khamenei, the 56‑year‑old son of the late Ayatollah Ali Khamenei, as its new Supreme Leader, marking a historic father‑to‑son succession and reinforcing the dominance of hardline factions within the Islamic Republic. 

The Assembly of Experts confirmed Mojtaba’s elevation roughly a week after his father was killed in joint U.S.–Israeli strikes, a moment that has plunged Iran into one of the most volatile periods in its modern history. A mid‑ranking cleric with deep ties to the Islamic Revolutionary Guard Corps (IRGC), Mojtaba has long been viewed as a powerful behind‑the‑scenes figure, shaping political and security affairs even before formally assuming leadership. 

His appointment signals continuity rather than change: the IRGC retains strong influence, and Iran’s leadership structure remains firmly in the hands of hardliners as the country navigates an escalating regional war and internal instability. 

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