Key Points About PM Mark Carney's First Federal Budget
The first federal budget of Prime Minister Mark Carney is anticipated to be bold and ambitious, potentially coming with significant costs.
The last update on Ottawa's finances was in the December 2024 fall economic statement, which projected a $48.3 billion deficit for 2024-25, aiming to reduce it to about $23 billion by the end of the 2029-30 fiscal year.
Carney's government, which campaigned on reducing reliance on the United States amidst a trade war, may not adhere to the previously outlined fiscal path.
Carney has promised that his first budget will be bold, ambitious, and “meet this moment”
This budget will also serve as an automatic confidence vote in the minority Liberal government.
Author's summary: Carney's budget to be bold and costly.
More News
- "Moore keeps redistricting push alive in Maryland amid national map fights" #ELB
- Mexican Authorities Suspect That Mayor Was Killed By The Jalisco Cartel: Report
- Patriots Avoided a Big Mistake After Jakobi Meyers Trade News
- Reward offered for Dayton murder suspect who fled to Middletown
- What to Know About 2026 Concerts at Empower Field at Mile High
- What's on the ballot in the first general election since Donald Trump became president
- Tom Brady Cloned His Dog Thanks to a Company He Invested In — Details Here
- Toronto Tempo Wins the Sandy Brondello Sweepstakes
- Pike man arrested for breaking into home, threatening woman - Mountain Top Media
- Rewriting The Nation: How Literature Challenges Biased Histori...