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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. Push for Critical Minerals Intensifies on Eve of Iran Strikes

 

                                    The Pentagon building is seen in Arlington, Virginia, U.S. October 9, 2020.


The U.S. Department of Defense moved to secure fresh supplies of 13 critical minerals just one day before the United States and Israel launched strikes on Iran, underscoring Washington’s growing urgency to strengthen its industrial and military supply chains. 

The Pentagon’s request, sent to members of the Defense Industrial Base Consortium, called for proposals to mine, process, or recycle key minerals such as nickel, graphite, and rare earth elements—materials essential for producing semiconductors, advanced weapons systems, and other defense technologies. Companies were asked to submit project plans by March 20.

Officials did not indicate whether the timing was intentional, but the move highlights ongoing concerns about U.S. dependence on foreign sources for minerals widely used in modern warfare. The request also reflects a broader strategic effort to bolster domestic production capacity amid rising geopolitical tensions. 


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