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Carney’s 1st budget to show Canadians the ‘cost to sovereignty’: experts
The budget aims to reduce operating costs by 2% annually while increasing defense to 2% of GDP and investing in infrastructure amid trade challenges, experts say.
- Fiscal experts say Ottawa will have to justify a seismic shift in spending from government programs towards defense and infrastructure in the upcoming fall budget.
- The budget will reveal the trade war's impact on Canada's economic outlook and the cost of becoming economically independent from the United States.
- Observers expect the budget to show a ballooned federal deficit, potentially over $70 billion due to tariff revenue shortfalls, tax cuts, and increased spending on infrastructure and defense.
40 Articles
40 Articles
Carney's fall budget to show Canadians the 'cost to sovereignty': experts
Fiscal experts say Ottawa will have to be transparent with Canadians in the upcoming fall budget to justify a seismic shift in spending away from government programs and toward defence and infrastructure.
Carney’s 1st budget to show Canadians the ‘cost to sovereignty’: experts
Fiscal experts say Ottawa will have to be transparent with Canadians in the upcoming fall budget to justify a seismic shift in spending away from government programs and toward defence and infrastructure.
Winnipeg Free Press
Carney's 1st budget to show Canadians the 'cost to sovereignty': experts
Breaking News, Sports, Manitoba, Canada
OTTAWA—Experts say that Ottawa will have to be transparent to Canadians in its next budget to justify a radical change in spending, from government programs to defence and infrastructure. The Liberal government will be presenting the annual budget this fall, possibly as early as October, after abandoning the traditional spring budget. Prime Minister Mark Carney's government announced a series of spending measures at the shortened spring parliame…
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