politics
Are Canadians going to get behind Mark Carney's 'generational' budget?
“Generational” is the Carney government’s adjective of choice at this moment of consequence. The word appeared 11 times in the prepared text of François Philippe-Champagne’s budget speech and another 45 times in the 493-page budget document. Source link
Nova Scotia MP Chris d'Entremont is out of the Conservative caucus
Nova Scotia MP Chris d’Entremont is out of the the Conservative caucus, a party spokesperson told CBC News. Source link
Budget promises to introduce framework for Canadian dollar-backed cryptocurrency
The Liberal government is committing to roll out new legislation to ensure some digital currencies are secure and stable enough for consumers and businesses to use. Source link
Federal budget dedicates over $1B to boost Canadian AI and quantum computing
Prime Minister Mark Carney’s first budget proposes providing more than $1 billion over the next five years to build up Canada’s artificial intelligence and quantum computing ecosystems while embedding AI technology more deeply in federal government operations. Source link
Government dialling back number of temporary residents it allows into Canada
The federal government is significantly reducing the number of temporary residents it allows into Canada over the next few years. Source link
A $78B deficit, public service cuts, new tax measures: Highlights of budget 2025
Prime Minister Mark Carney’s Liberal government delivered its first budget Tuesday, promising “a new era of leadership and a new economic foundation.” Source link
Carney budget to slash public service by 16,000 over 3 years
Prime Minister Mark Carney’s first budget seeks to slash the public service by 16,000 full-time equivalent positions, or about 4.5 per cent of the workforce, over three years. Source link
Federal budget expected to chart a course to meet NATO's 5% spending target
What will rearming the Canadian military look like? We could get a clearer in Tuesday’s federal budget. At least one defence expert says the Liberal government has made a lot of vague promises and there’s a need for specifics on programs like the multi-billion dollar submarine replacement plan. Source link
Liberals to table 'big, bold' federal budget Tuesday as Carney looks to put his stamp on government
Finance Minister François-Philippe Champagne will deliver the new Liberal government’s first budget Tuesday that will be full of what he calls “generational investments” to spur growth and help the country weather the tariff-related economic storm. Source link