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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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U.S. Bolsters Middle East Forces With Major Marine Deployment Amid Rising Tensions

 

                                            Marines train at Twentynine Palms, California 

The United States is significantly expanding its military presence in the Middle East, deploying thousands of Marines and a major amphibious assault ship as regional tensions escalate amid conflict involving Iran. 

The United States is reinforcing its military posture in the Middle East with the deployment of thousands of Marines and a large amphibious assault ship, U.S. officials confirmed. The move comes as conflict involving Iran continues to destabilize the region and disrupt global energy flows.

According to multiple reports, the deployment includes elements of the Marine Corps and a major amphibious assault vessel, intended to support U.S. efforts to reopen the Strait of Hormuz—a critical waterway that has been effectively closed since hostilities began. The closure has already driven oil prices up by roughly 50%, raising concerns about broader economic fallout. 

Officials say the buildup is also meant to counter ongoing missile and drone attacks launched by Iran against Israel and neighboring Gulf states. The U.S. presence aims to provide additional security, deter further escalation, and support allied operations in the region. 

The decision follows heightened rhetoric from President Donald Trump, who has criticized NATO allies for not contributing forces to the effort. As the situation evolves, the deployment underscores Washington’s commitment to maintaining stability in one of the world’s most strategically vital regions. 


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