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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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Trump Pressures Tehran as Calls for Negotiations Intensify

 

esident Donald Trump speaks with reporters during the swearing in ceremony for Homeland Security Secretary Markwayne Mullin in the Oval Office of the White House, Tuesday, March 24, 2026, in Washington.


President Donald Trump has issued a stark warning to Iran, urging its leaders to engage in negotiations “before it is too late,” as military tensions continue to rise across the region. His remarks, delivered via social media, emphasized that Iran faces severe consequences if it refuses to pursue a peace agreement. 

The warning comes amid ongoing U.S. and Israeli military operations targeting Iranian infrastructure and leadership figures. Despite Washington’s insistence that indirect talks are underway, Tehran publicly denies any formal negotiations, insisting it is merely reviewing proposals relayed through intermediaries. 

Trump described Iranian negotiators as “strange” and claimed they were “begging” for a deal behind the scenes while rejecting U.S. terms in public. He stressed that Iran’s military capabilities had been severely diminished, leaving the country with “zero chance of a comeback” if hostilities escalate further. 

Meanwhile, the conflict continues to destabilize the region. Iran has launched missile attacks on Israel and attempted to restrict shipping through the Strait of Hormuz, while U.S. forces prepare for potential additional deployments. With both sides trading threats and denying each other’s claims, the path to de‑escalation remains uncertain. 

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