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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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Sarah Mullally Set to Become Archbishop of Canterbury

Archbishop of Canterbury Sarah Mullally walks during an 87-mile pilgrimage from St Paul's Cathedral to Canterbury Cathedral ahead of her installation ceremony as archbishop.

Dame Sarah Mullally is poised to make history as she prepares to become the first woman to serve as Archbishop of Canterbury, the most senior bishop in the Church of England. Her appointment marks a significant milestone in the Church’s ongoing journey toward greater inclusion and representation.

Mullally, who previously served as Bishop of London, has long been recognized for her compassionate leadership and her commitment to social justice. Before entering ministry, she built a distinguished career in nursing and even served as England’s Chief Nursing Officer—experience that has shaped her pastoral approach and public service ethos.

Her upcoming installation signals not only a personal achievement but also a broader cultural shift within the Anglican Communion. Supporters see her leadership as a powerful symbol of progress, while many hope her tenure will bring renewed energy to issues such as community outreach, equality, and modernizing the Church’s role in society.

As she steps into this historic role, Mullally carries both the weight of tradition and the promise of change—an intersection that may define the next chapter of the Church of England.

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