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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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RCMP Raid Sam Mraiche-Owned Company Amid Expanding Alberta Procurement Scandal

 Sam Mraiche's company, MHCare, had been awarded hundreds of millions of dollars worth of procurement contracts from Alberta Health Services.

RCMP officers executed multiple search warrants this week at the Edmonton headquarters of MHCare Medical Corp., a company owned by businessman Sam Mraiche, as part of an ongoing investigation into alleged procurement irregularities within Alberta’s health system. 

The searches mark a significant escalation in a controversy that has shadowed Premier Danielle Smith’s government for more than a year. According to RCMP statements, officers were present both inside and outside MHCare’s offices, though investigators declined to provide details about the materials seized or the specific allegations under review. 

Mraiche has been a central figure in Alberta’s procurement debates, with his companies previously securing large government contracts for medical supplies. Separate reporting has highlighted concerns about conflicts of interest, sole‑source contracts, and political connections tied to Mraiche and his associates. 

The investigation remains active, and no charges have been laid. Alberta Health Services and the provincial government have not yet commented on the latest developments.


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