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Markets Hold Steady as Iran Deal Hopes Lift Sentiment — April 14, 2026

MoneySavings.ca  ·  Daily Market Brief Tuesday, April 14, 2026  ·  Morning Edition Markets hold steady as Iran deal hopes lift sentiment S&P 500 Futures 6,936 ▲ +0.20% Nasdaq Futures 25,647 ▲ +0.40% Dow Futures 48,501 ▲ +0.16% WTI Crude $96.31 ▼ −2.80% easing North American markets are poised for a steady open on Tuesday as investors grow cautiously optimistic about a potential U.S.-Iran agreement. U.S. stock futures held firm after the major averages posted strong gains the previous session, with the S&P 500 fully erasing its war-driven losses. Oil prices offered some relief for consumers, with WTI crude pulling back nearly 3% to around $96.31 per barrel — easing from Monday's spike above $104. Asian markets also opened higher overnight, with Japan's Nikkei 225 rising 2.43% and Hong Kong's Hang Seng gaining 1%, both t...
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Tumultuous Fall Session Ends as Parliament Takes Holiday Break Amidst Political Upheaval

 

Members of Parliament are set to begin their holiday break later today, capping off a tumultuous fall sitting filled with non-confidence votes, filibusters, stalled legislation, a growing deficit, and the finance minister's resignation.

After Chrystia Freeland's bombshell departure from cabinet Monday morning, several Liberal MPs called for Prime Minister Justin Trudeau to step aside as well. Ontario MP Chad Collins left an evening caucus meeting telling reporters the Liberal caucus is divided and that the party needs a leadership race.

Dominic LeBlanc was sworn in as the new finance minister Monday, minutes after the government's fall economic statement was released. The economic update shows the deficit has grown to nearly $62 billion, far beyond the $40-billion target Freeland set earlier this year. The update includes $1.3 billion in new spending on measures to beef up the border in response to U.S. president-elect Donald Trump's threat to impose 25 percent tariff threats on Canadian goods.

LeBlanc, who is also in charge of intergovernmental affairs and democratic institutions, says his main priority as finance minister will be to address affordability issues. He will also continue to oversee the public safety file, implementing new border measures, until Trudeau holds a broader cabinet shuffle. That's expected to happen soon in order to replace ministers who have announced they won't seek re-election.

Parliament is set to resume on Jan. 27, after Trump's inauguration. When that happens, the Liberals may not be able to rely on the support of the NDP on confidence matters. NDP Leader Jagmeet Singh called for Trudeau's resignation on Monday, but he stopped short of saying his caucus would vote to bring down the government. His party has so far voted three times with the Liberals on non-confidence motions this fall, ensuring the minority government's survival.

Much of the fall sitting was dominated in the House of Commons by a filibuster on a Conservative privilege motion related to misspending at a now-defunct green technology fund. This has stalled most legislation in the House since late September.


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