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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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Pentagon Weighs Weeks‑Long Ground Operations in Iran Amid Rising Tensions

 

US soldiers cross a floating bridge during a joint river-crossing exercise in South Korea in Yeoncheon.


Pentagon Preparing for Extended Ground Operations in Iran

The Pentagon is laying out plans for weeks of limited ground operations in Iran, according to reporting from The Washington Post and multiple news outlets. These operations, while falling short of a full-scale invasion, would likely involve Special Operations forces and conventional infantry units conducting targeted raids on strategic sites such as Kharg Island and coastal areas near the Strait of Hormuz. 

U.S. officials say the objectives under consideration could take “weeks, not months”, though some estimates extend to a couple of months depending on conditions on the ground. The missions would expose U.S. personnel to significant risks, including Iranian drones, missiles, ground fire, and improvised explosives. 

Whether President Donald Trump will authorize any of these plans remains uncertain. The White House emphasized that Pentagon planning does not indicate a final decision, but rather ensures the Commander in Chief has “maximum optionality.” Meanwhile, thousands of U.S. Marines and soldiers have already been deployed to the Middle East as the conflict enters a more volatile phase. 

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