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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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Pakistan Weighs Hosting Role as U.S. Proposal Reaches Tehran

 

A projectile launched from Iran heads towards Israel, amid the U.S.-Israeli conflict with Iran, as seen from Ramallah, in the Israeli-occupied West Bank.

A senior Iranian official has confirmed that Pakistan has relayed a U.S. proposal aimed at easing regional tensions, adding that both Pakistan and Turkey are being considered as potential hosts for future diplomatic talks. According to the official, Tehran is reviewing the proposal and remains open to dialogue provided that its national interests and regional security concerns are respected.

Pakistan’s involvement underscores its longstanding ties with both Washington and Tehran, positioning it as a possible bridge at a moment of heightened geopolitical strain. Turkey, another influential regional actor, has also expressed willingness to facilitate discussions.

While details of the U.S. proposal have not been publicly disclosed, the Iranian official suggested that any meaningful progress will depend on mutual respect and concrete steps toward de-escalation. The possibility of talks hosted by either Pakistan or Turkey signals that diplomatic channels remain active despite ongoing tensions.


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