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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 Rebukes Starmer as Tensions Spike Over Iran Conflict Support

 

                                   Relations between the US and the UK seem to have sunk to an all time low


Relations between Washington and London have hit a new low after President Donald Trump delivered a sharp public rebuke to UK Prime Minister Keir Starmer, declaring that the United States has “won the war” with Iran and no longer needs British military support. The comments came after reports that Britain was considering sending two aircraft carriers to the Middle East, a move Trump dismissed as unnecessary. 

In a post on his Truth Social platform, Trump accused Starmer of offering help only after the conflict had effectively been decided, adding that he would “remember” the UK’s hesitation during the early stages of the operation. The criticism follows weeks of strained communication between the allies, with Trump repeatedly suggesting that Starmer’s decisions have damaged the historically close relationship between the two nations. 

The UK has maintained that it will not take part directly in strikes on Iran, though it has allowed limited U.S. use of British bases. Starmer’s government has also placed the HMS Prince of Wales on heightened readiness, signalling a willingness to support regional stability without committing to full-scale involvement. Trump, however, insists the U.S. no longer requires British carriers, framing the UK’s potential deployment as too little, too late. 

The exchange underscores a rapidly deteriorating diplomatic climate, raising questions about the future of the so‑called “special relationship” at a moment of heightened global tension.

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