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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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US Intelligence Chief: Iran’s Regime Weakened but Holding Firm

Director of National Intelligence (DNI) Tulsi Gabbard testifies before a Senate Intelligence Committee hearing on Capitol Hill in Washington, D.C., U.S., March 18, 2026. 

Iran’s Government Remains Intact Despite Heavy Strain, Says U.S. Spy Chief

Iran’s government, though significantly weakened by recent military conflict, remains structurally intact and capable of projecting force, according to U.S. Director of National Intelligence Tulsi Gabbard. Speaking before the Senate Intelligence Committee, Gabbard said Iran has suffered major degradation since the war began on February 28, largely due to Operation Epic Fury — a joint U.S.–Israel campaign targeting Iranian leadership and defense infrastructure. 

Despite these setbacks, Gabbard emphasized that Tehran and its network of regional proxies continue to pose a threat to U.S. and allied interests across the Middle East. She noted that while Iran’s military and strategic capabilities have been damaged, its political structure remains in place and its capacity for asymmetric attacks persists. 

The assessment underscores a complex security landscape: a weakened adversary still capable of destabilizing actions, and a conflict whose long‑term implications for regional power dynamics remain uncertain.


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