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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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Washington Awaits Tehran’s Next Move on Emerging Peace Plan

US President Donald Trump, sitting next to Secretary of State Marco Rubio and Defense Secretary Pete Hegseth, holds a cabinet meeting at the White House in Washington, DC, US, March 26, 2026.

The United States is closely monitoring Iran’s pending response to a recently proposed peace framework aimed at easing regional tensions. According to U.S. officials, the proposal—developed through coordination with key international partners—seeks to halt escalating hostilities and open the door to broader diplomatic engagement.

While Washington has signaled cautious optimism, it also acknowledges that Iran’s decision will shape the next phase of negotiations. Analysts note that Tehran faces internal and external pressures as it weighs whether to accept terms that could reduce conflict but require significant political concessions.

U.S. diplomats say they remain prepared to continue dialogue, emphasizing that a constructive response from Iran could mark a turning point for regional stability. For now, all eyes are on Tehran as global stakeholders await its official reply.



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