Skip to main content

Featured

Economy & Policy

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...
Post a Comment
Read more

article

Labels

U.S. Targets 60 Nations in Global Forced‑Labour Crackdown, Canada Included



The U.S. government has initiated a broad series of Section 301 investigations into 60 countries—ranging from major trading partners like Canada, the European Union, China, Mexico, Japan, and the U.K.—to determine whether they have failed to curb the use or import of goods produced with forced labour. 

U.S. Trade Representative Jamieson Greer announced that the probes will examine whether foreign policies and enforcement efforts sufficiently prevent forced‑labour‑linked products from entering global supply chains. If violations are confirmed, the U.S. may impose tariffs or other trade restrictions without requiring additional congressional approval.

The move follows a recent Supreme Court ruling that struck down parts of the administration’s previous tariff strategy, prompting a shift toward other trade tools. Canada, now under scrutiny, could face new economic pressures depending on the investigation’s outcome.

Officials say the reviews will be completed “in a matter of months,” signaling a rapid escalation in the U.S. approach to forced‑labour concerns and international trade compliance. 


Labels:

Comments

Post a Comment